Looks like we JUST hit the bottom peak of a right shoulder for INVERSE HS. If the indicators are correct, we should begin headed up to 6800ish for the peak of the huge head and shoulder pattern to drive us down hard. I'll be looking for the bottom around sept 4 at around 4300 to 4750. Plan on stack buys in that area. That will also work out perfect timing for the weekly stochastic to bottom out and begin to turn up and cross probably around the 9th of sept give or take....
Note
Inverse HS seems to be working out so far. Note
highly possible head and shoulders in the making on the daily macd Note
So far on point 
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.