Tops, unlike bottoms form more slowly and are more insidious.
bottoms form quicly and sharply mostly on one day, maybe followed by a retest a week or 2 later- see march 10 to 17
or Nov 12 to 26 last year-2007
It looks like we go FLAT today and take a big hit tomorrow.
however, the rest of the week will probably recover and make the final failed attempt on Friday.
May 2nd has a small cluster of dates
55 tr days feb 13, a low
288 march 13, 2007, a low
144 oct 9th
Next week should offer the start of a decline thru May14th, and a retest possible on the 28th.
Best For Now
Jay
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