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since Jul 21, 2016
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You can see there is no volume, despite the sharp drop... You see the "Smart Money" cropping their profits.. I believe they will be followed by others until we meet serious support on 1800. That may be the bottom of the bear market. Generally I see 2019 as the needed recession..
4
Wave 5 completed, reaching resistance line. Stochastic is in overbought zone. Go Short now. SL 1.3249
4
Wait for the E leg to complete and Stoch to get over 80, then sell from orange zone.
6
Price is near support line of channel. Stochastic show oversold and MACD is in divergence
1
Penant formation and Stoch is Overbought. Go Short.
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