Yesterdays resistance .455 is now support, but hard to find next resistance in this market. I reckon I'll go with .485. Stochs crossed pointing north and RSI a tad above 20 at 34.4, 5MA at .47 and 20MA at.535 with Bollinger Bands low at .44 and bands widening with SP above lower. Average at the minute .46. A Doji is present showing indecision between the 2 B's. A close at or above today's open would do well for the end of the week. If current momentum can carry over into next week; envisaging a trading range between .455 - .46 and .475 and .48. Gold futures up at .65 from yesterday. After this weeks carnage SAR has stood tall IMO and is the better performer of stocks within my port folio.
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Yesterdays resistance .455 is now support, but hard to find next...
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