This is really shaping out to look a lot like the first stage of the correction we had over the summer when you compare the purple boxes with some slight differences in and shape due to FUD.
But, we haven't done an important step yet.
The main argument I'm making here is... Where is the back test of that inverse head and shoulders? Or, if we want to say that isn't an , then where is the back test of the channel break out?
We haven't had it yet.
In addition, I do not see a retest of $4100 like you are mentioning, as there is nowhere where it comes down and bounces off of $4100... it only plows through it to $4025.