test for bly support today?, page-2

Unfortunately support tested today and failed to close at or above 37.5. While results announcement on Feb 19th will determine the longer term direction for BLY's SP, it will be worth being wary that in the short term (between now and then) there is downside risk to the next support level at 35, particularly if there is continued downward pressure from a continued broader market correction.

Cheers & good luck all, Sharks.