With a few things heading for the same outcome we may have had people selling from the double top on the right shoulder but if the neckline is broken and re tested then expect more selling pressure to come into the markets. I expect this to come down and reach weekly lows as my level is noted on the screen and i think we may see this happen next week.
Support and resistance playing out well, We have the head and shoulders pattern playing out, we also have the break out of the channel and we have moving averages lining up well for the sell also.