SAR Daily Price Discussion, page-502

SAR has been consolidating this recent break lower and any rally has been capped around the lows of the previous ranges.
We have resistance/support at 2.98 and target at 2.71 The 2.98 level has already been breached and if it goes under and stays under for a while then target will probably be met.
There is a larger target at 2.28 with resistance/support at 2.73 Now this target is unlikely to be met but the 2.73 level is very close to the 2.71 target of the smaller range so if sar gets down to these levels then there is a very real chance that this is as low as it goes.
Technicals on the daily are weak but have plenty of downside room to run with the weekly similarly poised.
An important low looks to be on the cards.