After the recent No-China-Money-Monday (NCMM)(tm), my old bear lines came back out to make sense of the situation. The 15m trend line needed some modification to adjust to the bull spikes, but they still looked forced. So I decided to look at a bigger picture of the situation. Yesterday, I forced some trend lines to find the bull that everyone else seemed to see, but after the market changed course, the bull disappeared;, if it was even there in the first place...
I could definitely be wrong about this timeline, but the fibs match up so... we shall see.
I could definitely be wrong about this timeline, but the fibs match up so... we shall see.
