The Big Boys, page-780

Unless you want a more detailed commentary, it looks like a clear breakdown and failure......
Overnight price appears to have broken down for a second time, where only a complete reversal would save the day now (which is unlikely, but always possible to some degree). Volume was very high last night, which, if this is proven to be weakness (and not hidden strength), suggests serious selling pressure and further (potentially strong) downside in the near term. (always be wary of widespread bars that close near their extremes on very high volume, as they can sometimes appear to be one thing, and surprise in the opposite direction)



cheers