technical analysis

The pattern is bullish, so I'm waiting on my buy signal.
The market needs further work to return to health.
At least six Fibonacci price relationships coincide.
This isn't the time to get bullish. 
And then the market can turn back down again.
Today's drubbing shakes things up.
Technical indicators have now swung in the bears' favor.
I expect the intraday trading to remain volatile.
There were fewer stocks making new lows on the way down.
Think November puts at $107 to $108 if high hits $113.50 to $115.

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