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Goldman Sachs breaking down possibly

|Includes: GOLD, Goldman Sachs Group Inc. (GS), JPM, MS, SDS, SKF, SPY, SRS, SSO, XLF

I am not the  kind of analyst who is going to tell you exactly where everything is going. Most of those guys are full of hot air. I will try to lay out some facts and info for you so you can make your own decisions. On Nov, 23 I wrote that GS was at a critical point. It appears that it has started to break down. See below for the previous chart I wrote and a follow up with a Point and figure. I really like using P&F to find support and resistance levels. As you can see below the P&F has given a sell signal with a price objective of 146.