A break above the double top neckline will lead to a retest of the inverse head and shoulders neckline inevitably, while a break below will lead to new downside below $8,400. this is a critical level.
Heavy resistance at the rising trendline and a failure to hold the $9,000 level, combined with a bearish divergence on the MACD suggest that a retest of $6,000 to $6,500 is imminent. You can see that the price volume trend indicator shows that volume is confirming this price reversal and we are headed back down within the bearish channels we've been bouncing...