1. This week is bullish week due to the recent earning reports which are positive.
2. Expecting more bears to come around 26350.
3. Buy some put options as to fasten your seat belt.
My 2 cents.
Hi, I am just learning the fun of doing technical analysis by drawing the trend-lines and Fibonacci ratio and Elliott Wave.
As the market is full of "bulls" and "bears", so there are always having more than one possible of the Elliott Waves can be. (Who the hell can be the king maker for this.)
As the Gtwenty......well, I am not going to explain by typing a lot...
Expecting the price would go slightly higher as well as RSI and forming bearish divergence signal for Elliott Wave 4 (EW4), which price shows HIGHER high, and RSI shows LOWER low.
My two cents.