So the wedge I posted about earlier has been broken. As you can see we have managed to get outside and for now we are bouncing off the bottom. Unless things are to break back through and hold, preferably above the red line which represents the major fib channel; I expect more downside. But we do need to see how things will play out, and make sure this is a full on resistance, or otherwise it may just be a bounce or two before we jump back in. Either way - keep your eyes peeled. It will be a great help in getting a good idea on the direction we will be moving in.