The bounce from the big dump has almost met the 0.618 fib.
Also, a rising wedge pattern is very apparent by now.
Not to mention the bearish divergence starting to show itself, (though that's not necessarily something I rely on)
All signs of a bearish continuation.
Also, a rising wedge pattern is very apparent by now.
Not to mention the bearish divergence starting to show itself, (though that's not necessarily something I rely on)
All signs of a bearish continuation.