Hi Box, not much different other than it dropped somemore. I would suspect it should find some strong support at 80c, I dont think it will fall below that support, allthough if you look at the previous bar that tested 84c, they are both identical, there may be a similar reaction. As the great man once said " what has been will be again " ( W D Gann ) My thoughts are that the old weekly top at 89c is that far away, this reaction shouldnt be that bad, lets see what happens.
Sorry about the other 2 charts, I couldnt delete them
SXY Price at posting:
83.0¢ Sentiment: Hold Disclosure: Held