LAST UPDATE for the Trading Day

We have confirmation of the hanging man I mentioned this weekend in the MEGA-post, I hope you were able to stay awake through it. So at least in the near term we have a trend reversal. That's all Candlesticks in this case are god for. The ugliness in the long and mid term 3C charts suggest the whole "malicious Bounce " concept is on track. That does not preclude some real intense volatility as they shake the tree, just know that in advance. We need to break the gap from Friday, then we will have some good momentum on a daily chart. I think the plan is working so I'd stick with it-

short term, 3C confirms downside price action which is all we can ask for. More later....