NCM closed at 7.77 it was the low at 23 July 2003 and form a major support.
Next leg down looks a minor support at 7.25 to 7.28
If it breaks 7.25 then 5.54 may become a reality with 6 offering a little support.
7.77 is not convincing enough to go long.or short....50% chance going either way.
No one would ever believe this beast can go down so quickly
Now looking for a new entry.
Cheers,
