| Right now it doesn't look to be too bad of a drop, it's the temp high on the weekly that could be concerning...On the weekly level it looks to be choppy into the week of Mar 11th...it's showing each week with a different direction for those 6 weeks, volatility starts to rise next week in the week of Feb 19th.
Worse case it could test a couple of lines at 228-227...I'd like to think that the uptrend channel line will hold at about 237, these lines are at a slope so depending on timing...
I'll try and update this over the weekend.
|