The channel breaks & the ascending triangle were bullish, the symmetrical triangle break was bearish. There is nothing majorly complicated about that, which is why I have grown to love this way of looking at things more and more over time. There were points along the way with different indications that were for the most part fulfilled. Until we found support in the green zone above there was justification for some bearish sentiment on a from a daily chart perspective (less so on weekly), though doom and gloom is a little extreme IMO. There a lot of people here with all sorts of technical strategies... simple classical
charting seems more of a rarity to me around here. Hey, if it works for them, that's fine by me. Some decent technicians here IMO. I just feel bad for the people who don't have the know-how to differentiate between what is worth taking into consideration on these forums and what is not. Blindly following anyone, unless one has dissected a meaningful amount of their predictions over a considerable time frame will most likely do more harm than good. Enough said, since it likely wont have much impact.
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