ETH short term (Update)

Levels remain from prior charts. Our analysis points to an inversion (which alters market structure) over the past 48 hours and a high intensity energy decline off the recent time cycle, which may lead to lower levels sooner. We listen to the market in the short term and adjust analysis ad hoc. The medium-longer term analysis remains the same as previously outlined in an earlier note.

It is possible that the 1840-1970 region around the EU open/Asia close on Sep 29 may be where short term selling will culminate.