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Price will break up and out to somewhere in the 10,000 area. After that look for lower prices to follow. You could consider a short position at those levels.

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Prices tested this area on the chart. This included the pull back. Prices could not walk on water, therefore we saw prices fall to current levels. Look for further decline.

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The length of the pole of the pennant is the possible profit target. Look for 277.40 if length is reached. Typically one would go long on the break out and close above the pennant formation.

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Weakness in price. Headed lower.

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Prices breaking the three arrow resistance area on the chart can expect upward movement in prices. Look for 9863. and 10277. approximate.

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Prices are either at support or headed lower. Correction is headed towards oversold.

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In the wedge you have divergence of price and indicator.

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Prices fell early and steep to meet three price objectives. I have adjusted the support line of the wedge.

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Prices can go a bit lower before ascending to the resistance line. At that point will price break out or come back down to the support line filling the wedge further allowing for another entry for long positions. It's a wait and see. Plan your trade accordingly. For the long term buy and hold this is an excellent entry point at current prices. Buy it on the way...

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From where prices are currently you might see a steady drop to the 8000-7800 area approximate or prices might climb a bit then drop. It's a wait and see and if you are on the sidelines that's a good place to be as you have the opportunity to watch this play out and are in the planning stages of this trade. There are those who will play this trade within the wedge...

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Three potential areas on the chart indicated by the arrows to establish long positions and are approximate. The last two are a bit low and may be hit the next time around past the wedge at a later date. Although that does not mean those prices can't be hit within this wedge. There are those who see opportunity at current prices to go short trading within the...

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For this go around we will see how prices fill the falling wedge pattern. A falling wedge indicates a bullish bias. Areas of entry for long positions are shown with the arrows and are approximate. The second arrow gets a little too close to the apex of the wedge. If price gets too close to the apex, the point of the falling wedge, then this may indicate a weak...

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On the chart one can see the areas that align at certain points on the support line marked by the arrows of the falling wedge, indicating how low price may drop in this wedge formation. The 6052 area is a bit low for this pattern as price is rather close to the apex. That doesn't mean that price can't fall to the 6052 area approximate, it just means possibly not...

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In the near, intermediate and long term, look for these levels to be reached. They will provide good opportunities to establish long positions especially for the long term buy and hold investor. Always be aware that there is the possibility that prices will drop further than what I have established here for you, which would also give you even greater opportunity...

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Look for price to decline a little more for another opportunity to enter for the long term. The first opportunity buy-in for 2018 and it's a good one.

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Following the divergence on the charts between price and indicator has played out beautifully in this example. Hope you took advantage of the low for a buy-in for the long term investment. Look for prices to drop a little further for another opportunity to buy-in for the long term.

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Quite a shake out today as prices drop deep. The level to break is the one shown (LTB). For the buy and hold and if you are on the sidelines the LTB is 9966. Today's low for the buy and hold group was a good buy-in area to allocate some of those funds. Bias, lower prices.

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Price has climbed steeply. This indicates that price has moved too quickly. Steep and quick is a set up for price to decline anytime. Look at the price levels marked by the horizontal 3 black lines. These are potential areas for price to descend to. Price is also diverging away from the rsi. Rsi line marked on chart is flatter relative to the price climb. Watch...