From the last chart 2 days, I said there was a bearish indication after it dropped out of the wedge, so a few people believed the earnings were not going to be good....and they were correct, this drop has nearly come all the way down to our Wave X now in red.....this does not mean that I expect this to bounce now, it needs to find support before this can happen and so far the trend is down, the blue support line and the previous low need to be monitored now.