PRICE ACTION AT IT'S FINEST A CLOSE BELOW MINOR SUP ZONE WOULD SOLIDIFY THE 3RD TRENDLINE BOUNCE. POTENTIAL HANGING MAN / TWEEZER TOPS
WE MAY NEED TO RETEST 1178.5 BEFORE WE COULD CONTINUE THIS UPTREND AND FINALLY BREAK THIS COUNTER TRENDLINE. UNTIL THEN I'LL BE LOOKING FOR SHORTS UNLESS THE CORRECT PRICE ACTION PRESENTS ITSELF.
FIRST TARGET THE RETEST OF THE INVERSE HEAD AND SHOULDERS BREAK SECOND TARGET D2 FIB EXT
IT'S TIME TO PUT IN A NEW LOWER LOW DUE TO THE 3RD TOUCH OF THE INNER TRENDLINE