Watched the opening hourly candles this morning from yesterdays...

Watched the opening hourly candles this morning from yesterdays close of 35.5. A drop to 34 is 4.2% in a couple of hours is not to be sneezed at.
Importantly the previous low of 35 offered very little resistance. No new waterline at 35.

So with one more week of possible tax selling, I am just sitting on my wallet.

We have had a constant rundown from 43 to 34 in just 7 TD's. I am half expecting a bounce on Monday. I suspect that it will be a dead cat bounce.

Wed, Thu & Fri may be well worth a watch.

I currently feel that there is no need to stick my hand out and attempt to catch that falling knife, yet.

I had a quick look at the daily chart Stoch' s, MACD and RSI(5) all look ugly. I would not rule out 32 as a possibility.

Just my opinions, as always DYOR

cheers Lies

PS I may post the chart over the weekend.