Selling pressure pushed price below the $140 support level today. Next key support area around $130/$132. Resistance above at $140 and $145 areas.
-DMI crept up a bit today. Bears are flexing some muscle, but bulls are still in control on the daily timeframe, with +DMI still above -DMI. ADX line beginning to point down - trending move higher overextended?
Blog post dated 07/07/2014: www.syncubate.com/bl...ling-pressure-mounts
-DMI crept up a bit today. Bears are flexing some muscle, but bulls are still in control on the daily timeframe, with +DMI still above -DMI. ADX line beginning to point down - trending move higher overextended?
Blog post dated 07/07/2014: www.syncubate.com/bl...ling-pressure-mounts
