Trend of quarterly dips before and after alternating held in 2017. Will 2018 hold a similar story? Dip two weeks roughly after the start of Q1. Dips usually are within 3 weeks of the start of each quarter.
Note the bottoms in 2017 occurred near the quarters, usually either two weeks before or after. Moreover, note the before and after pattern, as it alternates. Let's see if the trend holds in 2018. If it cannot keep in the channel of the pitchfork I can see a move down to 10.8k as a true bottom before a high volume bounce back upwards. Not bearish long-term. But...
Bit of a consolidation period ahead, may continue on a bearish trend/chopping around until mid-October. Then expecting another exuberant run up before/into earnings.