A "cup and handle pattern" is forming on the daily chart. Watch out for breakout from channel on the short side. It could result in a significant downward movement.
Note
Take the short at 7350. Cup and handle confirmed with breakout.Note
My projection for where this bear run will end. 
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.