12/22/2014

Chart still following from yesterday as it did not smash through my 50%, but the first band of resistance remains strong at 338-340. Volume is sort of drained off still from that rally last night, so I think we'll need to see a little more volume before any major movement happens. Next resistance zone would be 352-354


Watching that micro trend line, should see if it bounces it or goes back to the original channels that we've been in for the past 8 hours.

Bullish for another breakout soon to test 340.