Relax guys I think theres nothin majorly wrong, its just the...

Relax guys I think theres nothin majorly wrong, its just the charts.
I thought we were getting lot of saturation at 2.94 which was the resistace. but it does look like we went below 2.86 with big selling today and it didnt recover, so now it calls for a limited decline.

Also Trading central has downgraded their limited time view today.
CSR ST: below its lower Bollinger band
Our preference: the downside prevails as long as 3.08 is resistance.
3.08 is our pivot point.
Our preference: the downside prevails as long as 3.08 is resistance.
Alternative scenario: the upside breakout of 3.08 would call for 3.26 and 3.37.

So unless we see 3.08 the downtrend is likely to continue for sometime, lets hope for some good announcements and ASX index to go higher.