- 38.2% Fib retracement done from the Tops, and the Pennant was Counter trend in nature with a 3 Wave Advance - On 10th November, we got confirmation to Short, Price also closed below 5 Day EMA and it has turned down sloping now - Also notice how Price cannot sustain above Anchored VWAP from the Tops - Price is heading back to 440- 420 on the downside - Bearish view negates above 520 - Enjoy the Downride and avoid Longs since it was just a Pullback within a Bear trend