I'm not a fan of making projections based on old trends as I...

I'm not a fan of making projections based on old trends as I find it's unreliable at best. More of a one day at a time, where's the next support kind of thing.



The inability to bounce back to the top of the downtrend channel screams weakness and increases the probability of it falling through the bottom. No real point trying to guess what it'll do, it's just an avoid no matter what for me. The FA looks terrible, the price is making new lows, there's currently stocks setting up near 52w/all time highs and some already broken out to new highs, no need to be buying the market's trash for me