A decisive break here (c ST upward trendline on the prior upleg) which also coincides with .5fib should c the 67.9$ then 67.25 then down to the lows 65.24 unless of course we see some real good news to reverse trend. It is possible sp could bounce from the line which wld suggest support coming back in but with US day off yesterday a little bit timid today but downside bias is still strong.
If break to the downside then I think we going to see the lows come into play and that will be interesting.
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$144.45 |
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1 | 4 | 144.100 |
1 | 2600 | 144.020 |
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Price($) | Vol. | No. |
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