As I mentioned two weeks ago this would be seeing the 20s. We are clearly in a down channel. Will this week (s) see 11/12s or has the floor for atleast now been found. Well with the index’s at the top of a bubble I think there is potential to bring this down more. Well see. Currently I am out of this one waiting to see. From a RSI perspective on a daily time frame it looks exhausted but otherwise it looks like it could fall further.
