shawndietzer

shawndietzer

If we break 245 the double top will be confirmed. Then if it retraces to .618 from 237 (248) short again. Trade 1 Short 253 area Target 237 area Trade 2 Short 248 Target 223

shawndietzer

Hidden Divergence = Sell Symmetrical Triangle = Sell (Continuation of downtrend)

shawndietzer

Watch out for a possible pull back to previous structure support, we are coming up to the .618 retracement from the last big move down.

shawndietzer

If we break current support around 420 mark, I see a possible bounce at the 360 area.

shawndietzer

Stops below $567.13 with first target at $578 area and possible second target at $585.