RELATIVELY CLEAN DESCENDING CHANNEL IMPULSIVE LEG OFF 2080 SWING HIGH HEAD AND SHOULDERS BOTTOM, W/ A FAILED NECKLINE BREAK & HOLD TESTING UPPER LIMIT OF CHANNEL NOW
COULD LEAD TO A CLEAN BREAK AND RALLY TO 1900 WHERE SELLERS ARE LIKELY STACKED. LOOKING FOR 1900 TO HOLD, FOR A TEST OF 1865, EXTENSIONS TO 1820. THE GLOBAL FUNDAMENTAL SNAPSHOT HAS NOT CHANGED. BEAR MARKETS DO NOT MOVE STRAIGHT DOWN, THERE WILL BE RALLIES WHICH PRESENT OPPS TO GET SHORT.