As long as we dont get any huge gap downs, I know where I'll get my short entry in. I added 200dma b/c people think it so significant. As I mentioned previously, short term DMAs all ready to push down if market wanted to flush.
Look for further weakness and pullback following rejection at the channel with negative RSI divergence
If we get further market weakness, watch for ascending wedge breakdown and backtest of larger channel. Possible we break below channel and close the monthly candle with a upper wick and failed breakout of channel
should continue downwards from here
Looking for bearish continuation toward bottom channel support