Chart with fib support lines fitting alrightish. Approx long term decade+ support line, rising up towards 20.
Halfway through second half of bearish flag which might take WPL to the 38.2% line in mid 20s within days.
Reckon support at around 29-30 will be similar to the support seen recently at 46, the 90% line...
JPY/USD is closing fast on recent fib 61.8% support at 94.5.
AUD/USD has already broken through crucial support in high 63s, now heading towards 60.
Both suggests more downside for Oil and other commodities, along with equities in general, with XJO heading towards 3000- and SP500 to <700.
Upside are US Auto being fully bailed, and CitiBank bouncing back through some devine act.
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