monday mess, page-74

If we aren't getting close to a bottom then we are severely in the sh1t imo. The broadening formation is close enough to complete on the weekly and the daily has a last crack at finding support at the august wick. Even if we do find support the broadening pattern may still give a final move as I drew on HBG's chart a while back (3rd pic). Also check out the RSI on the daily. 3.605. That's as close to 0 as it gets so ignoring a meltdown it should be a fair long bet from here. Problem is, it's a bit hard to ignore the possibility of a meltdown.