Everyone stop panicking. This is following what I said earlier today. We are past the second horizontal, but it still could hold which means we will be following a triangle to a point before a crash or a moonshot. But what I think will happen is 560 will break and then we will rally around 540 in keeping with the slight downward trend from June first. If there isn't a rally there then or 540 won't hold, then the long term trend should keep it above 515. If that fails. We are in for a ride and I expect some crazy action.
http://imageshack.com/a/img536/8384/OyNafd.pngSaying 'don't panic' then predicting a possible 515 or worse, is actually infuriating - apologies - but I am personally hoping the 550s is as bad as it gets!
