Houston, we have a problem...

Get ready for the drop this week. The "Fibo projection" shows a minimum target of 24600 (A = C) while B hit 62% of A.

We did not make a higher high which is alarming. Also the current uptrend looks weak. Now the deathcross will likely produce a panic low.

Feel free to use and share my charts, but please mention me, @ew-and-patterns as the author. Otherwise it is considered plagiarism and I will flag you and advise my friends to do the same.

Please consider leaving a comment, like or rehive, if this post entertained you or helped you see things differently...

Have a nice day :-)

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