Losing count of the number of lower Highs and lower Lows over the last 2 years....BUT, just maybe, we are forming another lower low near current levels. A Pitchfork Chart together with a 4_pronged downtrend line and a 'sprinkling' of MACD positivity helps justify a POSSIBILITY. Interestingly, price action over the last 4-5mths has "oscillated' around the 23.6% lines above and below the 1132 "pivot_point"/swing low. Prior to that it was the 38.2% retrace line. SOoooo, if the $1071(-23.6% level) gives way then one would expect a swift decline towards the $1033 I would think or a bit lower(to the lower tyne of the (pink)Mod. Schiff Pitchfork).
