News today tries to explain the sell off today as fears for new rate hike. If you look at PA it is no surprise and all is expected, we have a lower TL with many touches that you bring up to highs.. look how midline fits. So we have an OVERSHOOT, which will expect a BREAK out of TL to upside. within the uptrend we have the close outside and new high; so - yes, we still expect a new LOW on the D chart. The chart is right, the news is secondary ;)
