Bearish Signal Reversal



40   -------------------------------------------|---------
39                                              |
38                                    X   *     |     ---
37                                    C O X *   |        |
36                                    X O X O * |        |
35   ---------X-----------------------X-O-X-O-X-*-----X--|- Lower
34            X O X   *               X O   O X O X   X  |  Tops
33            X O X O X *             X     O X O X O X  |
32        X   X O X O X O *           X     O   O X O X  |
31        X O X 8   O 9 O   *         B       * 1   O X  |
30   -----X-O-X-----O-X-O-X---X---X---X-----*---|---O----|- Lower
29        X O X     O X O X O X O X O X   *     |        |  Lows
28        X O       O   A X O X O X O X *       |     ---
27        X             O X O   O   O *         |
26        7             O X   *     *           |
25   -----X-------------O-X-*-------------------|---------
24        6           * O *                     |
23        X         *   *               A series of lower tops
22        3       *                     and bottoms followed by
21    X   X     *                       a breakout to the upside.
20   -2-O-X---*---------------------------------|---------
19.5  X O X *                                   |
19.0 -X-O-*-------------------------------------|---------
18.5    *                                       |
18.0 -------------------------------------------|---------
17.5                                            |
17.0 -------------------------------------------|---------
                                               1|1
                                               9+9
                                               9|9
                                               5-6