I would actually disagree as well, if it wasn't for Quality's video. He does a very good job of explaining charts and I have found his charts pretty accurate on other boards that he has visited.
The key appears to be the current support level we sit on, right?
Proof Positive THE News NEVER trumps the chart. That's just a bad rumor that you have apparently bought into. Here is the proof and you can verify it yourself! SIRI - 60 min Candlesticks