Daily chart: Has support become resistance at 1920???
Weekly: RSI and MACD looking uuuuuugly!
Monthly: Head and Shoulder breakdown at 1800 would project to 1500, PERFECT retest of last 2 bull markets and just under Fib .618 retracement (or .5 retrace to retest 1400)....
GAH! Is the start of the '09 trend breakdown?!?
Weekly chart shows many similarities to 2011 in terms of price action and testing the trend. HOWEVER, MACD and RSI action is not the same at all, our patterns being way more bearish than in 2011 and more closely follow 2000 and 2008 crashes. On the Monthly they don't look similar in price action or MACD/RSI action....
