Descending triangle with support at 822.50.
Crash level will be 654.75
Still no capitulation, just an exhaustive market. These rallies are all sold off.
Will automakers get stimulus package with workers at $70 an hour? Having to guarantee bonuses?
if we work our way up to the 850 mark and can close the gap at 894.50 there is a chance for an inverted H&S.
Doubt it though as Market Makers have crushed every rally.
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