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electo

US100 - Blow off top leading to sideways bear market

Short
US 100 (CURRENCYCOM:US100)  
electo Updated   
CURRENCYCOM:US100   US 100
Chart Patterns Trend Analysis Beyond Technical Analysis
6
2
chartpattern trendanalysis beyondta
Simple idea - looks like the bear market rally top is in. May extend slightly more but I think we now see a healthy retrace back. Marked a point where there is possibility of a major bounce but looks like we will leads into an extended sideways.
Comment:
I think short term bloodbath ... has'nt quite blown off the top yet, but getting there.
Comment:
Expecting a bloody monday today.
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