In case the laws of physics do hold - and I'm pretty certain they will - the direction that is crossed out in that blue three-way-symbol can clearly be ruled out. I'm glad that we can at least be sure of that.
Oh my, so many questions... let's beginn on thursday: I think that if we see a rebound early in the day, it might hold up to form this beautiful 'W' shape -OR- it breaks out completely ON. A. FRIDAY. But this might be just too far fetched these days.. IF the 'W' forms though, this gives at least somewhat of a ground. Will be tested next week then -.- If the W...
I think that there will be a small rally after newest dip and that another drop will wait until friday (circle). After this dip with new lows we will hopefully stay in this channel and try to break out again.
Next test is the marked line. If we are able to push through, maybe this gives some positive pulse for US opening
Bottom might be reached? I think that the sentiment is shifted towards bulls again. Channel breakout to the top