We've traded slightly below last months low, we haven't closed below it. In my book it's where it closes that counts. We have almost 2 full weeks of trading days left. A lot can happen in just in just a day or two.
One can also make an argument for a Diamond Topping pattern as it slowly builds out... tighter consolidation here into an ascending triangle would complete that... I`ve been patiently waiting over the last few months... Time Stamp!
%% May get a good break down by late SEPT; not a prediction. but Stock Traders Almanac is right some times.