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Sure is looking grim, but way worse on the monthly chart

От prefabsprout
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If it weren't for the deadly bearish monthly chart this would look like too obvious a short set up.

Curious to see if they drag it up to the top of the pennant again, or if it breaks down from here...
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someone was telling me this looks bullish--???
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an inside bar would more likely mean a retest of the top of the pennant in my mind. so further slippage below 58 this week is called for if we want to maintain a bearish narrative. very curious to see how this plays out going into the new month.
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we have broken down out of this pennant. awaiting confirmation.
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retesting the pennant. dead cat bounce? or will we rise back above resistance?
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it could go on forever (in which case i'm doomed)
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prefabsprout

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