IMUGENE CHART. TA only, page-7384

.Fundamentally there is zero publicly know reason for the down pressure other than the broader macro picture. Technically there was very little reason for bear pressure, almost none now with the 3rd bounce off the 50%. I'm almost a little confused with the last week or so, however with the big player driving the price down earlier and the broader market jitters that is a reasonable explanation. Perhaps the correlation of being in the index is having a larger effect than I thought may be the case.

So far the pattern we are looking for is on track, rejection of the e100 by the e200 and the w5 crossing back. Looks good especially with the triple bottom on key support, that isn't a good look for bears. Hopefully we are making a bit of a bottom here.