For the bears, they continue to track lower highs within an expanding diagonal pattern. They also put in their wave iv (red) but that is pretty steep too.
Earlier I tweeted the
The market broke out of the diagonal but again there are two scenarios for this. We will have to see over the next day or two, which count wins.Looking for a potential falling wedge down here. May be an ending diag for wave c of -iv on my 15min chart— Grand (@grand680) November 17, 2015