big monday, page-58

G, that's what I was hinting at in my early weekly chart post. Even a test of the Jan lows and a good bounce may point up (double bottom) but if the rally isn't sustained it's just another bear market rally. One thing that adds weight to the down argument is the gradual decline of the weekly RSI. This gives a little more room to move to the downside imo. I guess we see what EU and the yanks do. If we break the long term up trend, that may cause some big players to think about getting out of the market.