on the daily chart and for now all downside targets have been made on the tick chart. Bears will get nervous fast if they feel this will go no lower.
ER2 charts
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last we were looking at the confirmation of the inverted HnS bottom, and it failed. Just because a pattern confirms doesn't automatically mean it will follow through. When it doesn't act right, then it is time top bail and step back and join in with the trend as the entries present themselves, there were plenty of opps to short this. Now, something has caused a brief pop and they have taken 8 points of juice out of the price action before the open. Typical action for a market looking for support. Bears get spooked easy and bulls get brave.
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