After a few channels are drawn, i though i see a potential right shoulder forming.
And the potential neckline is the channel support. Whatever it is, since Nov 2007 market top, the price has been in the current downtrend channel. The channel resistance at Aug 2014 makes the channel very very well.
And the potential neckline is the channel support. Whatever it is, since Nov 2007 market top, the price has been in the current downtrend channel. The channel resistance at Aug 2014 makes the channel very very well.