No Island, But Google Top is Complete

Bombs away. Google reports earnings on Tuesday. If they disappoint, bears win. Major indexes will be at new lows.

There's 20 percent downside to the top of the wedge. I suspect it'll break the support of the wedge in a major bear market. Getting to long-term support would come with a loss of about 30 percent, so not much farter because that wedge is getting very tight.