If we break under 554, watch out below!
NOTE: Irrational herd mentality is what drives markets. Therefore all it takes is some large orders or news to change the "mood" of the market and that can break ANY pattern that you may see. Especially if the move breaks through the Ichimoku cloud. Therefore even if one second a pattern might be true and it was heading that way, it can easily break with a single piece of news or large enough order to make others follow.
NOTE: Irrational herd mentality is what drives markets. Therefore all it takes is some large orders or news to change the "mood" of the market and that can break ANY pattern that you may see. Especially if the move breaks through the Ichimoku cloud. Therefore even if one second a pattern might be true and it was heading that way, it can easily break with a single piece of news or large enough order to make others follow.