Elevator down.
Reminders for future reference:
– use Vol. Oscillator low to determine peaks when there is a discrepancy between oscillator and price lows.
– when you have an oscillator sell signal in play, and then a token new high, look for a kiss goodbye of the rising trendline that it broke
And so where do we bounce?
Maybe here
But ideally a bit lower – 1930 or 1908
Watch for stabilisation just below or near to the grey lower boundary of the channel
