/biz/ - Business & Finance

>>52298373
This is a shit attempt at charting. The blow off top of the previous run never constitutes a point in the ensuing channel, it's not part of the same pattern.

You would have to draw your channel to start from the next peak after the crash, like this.

So to my view this is the channel, it's still pretty well inside it. If it ends the week above 4450 that's pretty good though personally I think 5k is the point i'd say the downtrend is gone.