FMG Technical Analysis, page-6623

yep,
arvo crackdown as I called it in morning, very sharp & harsh in fact

I said earlier :-
"the sellers moved in at the daily tops, been happening for months now... the shorts will not like this, they wait for their opening to crack the top intraday yet again looks like. ..resistance showing up again here, im not a buyer here, .. zigzag trend 20-24 is a worry for me, need to see where the 3rd wave new low ends up at"
SPOT ON!

23.50 area was sharply cracked down to 22.50 pivot area which showed support today
this 3rd wave low has to hold above 21.50 to create a changed version on TA to higher low instead of lower low, after 3 waves of lower highs,
3 lower highs and 3 lower lows does make a bearish trend from a triple top.. quite dangerous from a TA perspective.

the snapdown strength was quite worrying, not a normal thing in a bulish trend.
BURN- them LONGS BURN, say those xxxxxx shorts!