esoteric enough for you wink? now I present the stream ... every local up channel support you want to find has failed, and the trend is down.
best case and worst case presented. if the best case plays out (and I hope it does) I plan a large position to short and hold if it is not a higher swing top (top of the down channel). my bet is that any next top is the last for a while.
the downtrend is obvious from the lower swing bottoms and tops.
Close up of the stream
revised overview, with an added overall containment
am not after believers ... but I think either a bull flag or a bear pendant is playing out currently. it pays to have a close look at the top of 2008
