Based on breakdown from Head and Shoulders (Chart Pattern) neckline, the projected estimate of fall could go much further. One is advise to monitor deterioration of fundamental and growth forecast from news feeds over the next week to see potential breakout from box out zone. Critical levels to check @180.15, 167.5. Movement would expect to go to the next RBS or next Support levels (may change subject to which time frame you are trading).
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.