The daily price chart of Constellation Brands $STZ is signaling more bearish correction ahead. STZ Daily Chart (click to enlarge) Bearish Correction Mode:- As we can see on the daily chart, price action was bullish entering the year, but slowed as the year progress.- Eventually, the market stopped making higher highs and higher lows and fell sharply. - Note how price fell below the cluster of 200-, 100-, and 50-day simple moving averages (SMAs).- We saw price bounce up in early August and that bounce was rejected by the SMA cluster. This was a confirmation of the price top and price made another low to crack $200. - Then, we got a 10% bounce, accompanying the news of a major investment into Canopy Growth $CGC. - It appears that this rally was not sustainable neither as the market rejected it again in the SMA cluster. - Meanwhile, note that the RSI is holding under 60, which reflects maintenance of the bearish momentum. - looking at the price chart ,it looks like price should at least fall back to test the low just below $200.