Then I applied what I learnt to the bitcoin charts....well that was rather dumb of me :-) I can't seem to find anything but bearish signals - and particular concerning is the lack of volume supporting any of the mini recoveries. It does feel like the heat is out of the market and this could last a long time yet. It's yet to confirm strongly under 10k - but if it does I don't see any really support till around $7.5k.
So perhaps the moral of this post is...stay ignorant...I was much more bullish then!