Head and Shoulders/Breakdown of Ascending Broadening Wedge

So not only do we now have a confirmed break down of the bearish ascending wedge; we also have a almost perfect head and shoulders pattern. We also have a parabolic sar flip and fisher transform crossover to bearish on the daily. Appears we are definitely going down to 7500 though ultimate target initially is 5K.

Kommentera:

Still a small chance of a double top if the following yellow wedge plays out:

Kommentera:

Bear flag on shorter time frames