The butterfly pattern can bring continued weakness in GE. With the market setting all time highs, GE usually leads into the decline.
The conditions are becoming normal on GE right now. The daily Stochastic is way down with the selling of the last few days. However, the weekly Stochastic is still up in the overbought zone.
Here is one way this may pan out -
The DA leg is 123.6 extension of XA right now. Ideally, we want to see the price touch 127.2 extension of XA at about 24.08 if the market continues to rally in April (I expect SPX to touch 1580s [here]). This should also set a divergence of Stochastic on the weekly chart, which brings weakness at weekly level (long term).
Of course, GE may continue with its current course downwards.