The one month chart seems to be showing a Head and Shoulders pattern. It will be very interesting to see how far the right shoulder descends.
Agree Lookout, missed this one big time
I don't think he appreciated your effort. I thought you were spot on.
He eliminated himself with his disqualifying question on how much of a decline. Every novice TA would know that you measure the H&S for forecasting the decline. I would have a hard time to 'see' a H&S pattern developing, too.