KSM: Watching for either a double bottom or inverse H & S

Blue path shows the possibility of an Inverse, Red a double bottom such as Eve and Adam and so forth. Worth watching for confirmation....

Commentaire:

Following Red Path, hoping for a bounce again at 105-116

Commentaire:

Followed red path to the T, at support, looking for a bounce, a close below 102 would be the invalidation.
Hind Sight: Rejection at 185 would have been the signal to go short.

Commentaire:

Unless price reclaims 115, double bottom invalid. Might see an underside test for a quick "sell the bounce" then short it back down if rejected.

Ordre annulé:

This idea became invalid, no loss though.