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Milk Moving into its next phase after Shark

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September Milk consolidated for a few days and now is looking like it may start to rise. Initial projection is a bearish Gartley. Next upside target is the 20 day moving average around 16.83. Milk is still looking bearish, but require confirmation on the 20 day.
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Milk fell through Gartley into a C position for a bearish Butterfly. Downside target at 16.06
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Milk created a bullish flag on Thursday. Spinning top Doji today. Will see if upswing can occur on Monday, although these many dojis could turn Milk down for another run at a different C position.
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Milk using 16.47 as support. September fell through its support and may go lower or rebound.
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Milk fell again heading for C
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Milk hit C position. Milk could continue down to 15.44 where it was May 12 2016
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Milk rebounded off C. Upside target 16.98. Milk could still fail here and go back down. Stay cautious.
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Milk moved higher up off of bullish flag. Next upside target resistance at 16.73
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Milk hit 16.73 on the nose but looking like it will finish the day with a tomb stone. Milk maybe running out of steam. Will now be moving to the next forward contract.

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