2/4: Heavy resistance on $GS on the declining 20-day moving average. Also resistance in the form of the 5 and 10-day moving averages as well. Established lower highs and lower lows and on the weekly chart you have a major head and shoulders pattern that has confirmed and following two weeks of consolidation is showing signs of wanting to start the downtrend again. Also shorting on the daily chart where a well defined channel has been formed and rejected price today at the upper end. See the posted chart provided below.
