chart, page-13

Thanks for the detailed explanation snakeye, no argument from me there.

I never overlooked your statement "retest of the break" clearly being the 3.3/3.4 area. I agree completely with what you state.

I was merely making reference to my personal thought that 3.8 will be tested again, and I believe sooner rather than later...news pending that is.

Also I found it notable regarding the monthly stats I referred to. It doesn't indicate any huge negative sell off to me, IMO more like short term traders taking profits over April and/or limiting losses.