Mesotekan

Mesotekan

its just got to hit that bottom trend line one more time!

Mesotekan

not a complicated forecast here i just dont think we will spend much time below the 200 week ma compare with 2014 the 200 day shouldn't cross the 200 wk.

Mesotekan

i see it making another wedge and squeeze through the 50, 200,1400 ma as they converge like 2014 then break up or down. i have a hard time thinking it will go below the 200 week ma and stay down there

Mesotekan

in 2014 it did something like this

Mesotekan

perhaps just like 2014

Mesotekan

most likely bounce from the 200 week ma

Mesotekan

i think it will touch the 50 ema resistance and retest the 200 week

Mesotekan

maybe last dip of the bear market

Mesotekan

probably one more dip then back into bull market

Mesotekan

bigger view

Mesotekan

break out down?

Mesotekan

Wedges and channels makes one big wedge. looks like October for the breakout

Mesotekan

SLIGHTLY DIFFERENT WEDGE

Mesotekan

FALLING WEDGE

Mesotekan

trend lines

Mesotekan

looks to me like it will retrace to the 88%

Mesotekan

possible wave pattern using fib targets

Mesotekan

resistance and support highs and lows line up nicely