US 30 Bear Flag Breakdown: Expect Rally to Fail

Typically after a flag or pennant breaks a rally sets up to retrace the breakdown and is rejected from lower trendline.

Extreme bearishness is prevalent. Expect Christmas Crash. Sorry Santa!

Just an idea, not investment advice, GLTA!

Trade ist aktiv:

Surprising support Thursday will it hold up Friday? Futures suggest Nay... GLTA!

Trade ist aktiv:

Hmm drop came a day later... silly chart!

Trade geschlossen: Ziel wurde erreicht:

HIt 253.5 in Monday trade, look for a bounce off this level; Fibo .50 = +675, .62 = +837 >24 from 24361 > 24136 - 24200