I have never seen a chart that has so many technicals .
First this has a trending down channel with ckearly defined eliot wave patern starting leg three. we broke through support at 13200 and a trend line witch now becomes resistance, new trendline support is blue trend line.somwhere around 9200 depending on when it gets there. But I anticipate a push to 14750 and a completion of the 4th leg of the Eliot wave patern first. At that point I se a change in sentiment and a up trend to new hights above 20 k Please if you like the Idea like my post and share I'm trying to build a following and share Ideas with like minded people.
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