Russ

[sponono]

R 116

[Russ]

I see the pattern since 8 Nov as a down channel rather than a sideways channel.On my lines it is at the lower support line of this channel which also corresponds with the rising support line starting 9 Oct. So it might give a bounce here.It did break support intraday but seems to have closed slightly above support.If it does fall through I think next support is at 122.50.

[sponono]

was talking about what looks like a head and shoulders with a break down point at R116 and a target of R86

[Rams]

yes...big H&S pattern..and in a trend

[Russ]

Sorry,you were way ahead of me!I'm trading with a magnifying glass rather than binoculars!