1.) Daily Chart
2.) Head Shoulders Pattern
3.) Schiff Pitchfork median line trend line intersections, all cycles and targets have been previously met.
4.) If Head shoulders pattern breaks the neckline, we are rapidly declining to 29k to 180 degree cycle from previous datelines (red vertical lines)
5.) The only pattern that can save the drop is the continuation of the downtrend along the schiff pitch towards 39k.
6.) 12 January is a cycle date.
2.) Head Shoulders Pattern
3.) Schiff Pitchfork median line trend line intersections, all cycles and targets have been previously met.
4.) If Head shoulders pattern breaks the neckline, we are rapidly declining to 29k to 180 degree cycle from previous datelines (red vertical lines)
5.) The only pattern that can save the drop is the continuation of the downtrend along the schiff pitch towards 39k.
6.) 12 January is a cycle date.