Just when you thought the market was free from ever going back to December lows, we have a strong possibility now we could retest lows Dec lows and maybe even break them. Most of the time these megaphones don't go directly to the trendline but make new lows. This is actually an expanded flat from October 18' highs. Given the speed of the first fall, this is a very likely count. What is critical is if we can stay over the 200 week MA.
