Unable to break out of descending triangle, important resistance

٩ سبتمبر ٢٠١٨

My last idea, pretty much hit the nail on the head and unfortunately we are not out of the woods yet.
We have taken some hard hits in the last few days and I it has been a bit oversold.
I expect to see a slight recover up to 6700 before continuing the downtrend towards the resistance line at 5700.
I'll update as we get closer to 5700.
Be safe out there.

١٢ سبتمبر ٢٠١٨

ملاحظة

I believe we will touch 5600-5700 before the 17th.

١٤ سبتمبر ٢٠١٨

ملاحظة

Almost hit target, but I think we still have some upside before we slide further down.

١٥ سبتمبر ٢٠١٨

ملاحظة

Going into the weekend I am going to predict a relatively flat weekend then a retest of support on Monday. I am setting my stops now.

٢١ سبتمبر ٢٠١٨

ملاحظة

It eventually hit 5700 a bit longer than expected. Now it's time to be careful. Good luck.

٢١ سبتمبر ٢٠١٨

ملاحظة

Bleh, sorry my 5700s and 6700s have been confused but you get the idea.
Initial idea is that it would hit 6700 then trend back down.