Not much to say here - 28k-30k sat range proves to be a tough resistance line, even after a nice pop middle/late last week. Volume way down on the current red daily is a good sign, even though the drop has been significant in the short term. I have ZERO idea how to draw a trend line on this, so we'll sit on the resistance lines and pretend we know what we're talking about.
Bull: Sky is the limit, but 30-32k sat range is going to require a great deal of volume.
Bear: Test 24k again, probably falling as low as 18k if it fails.
Bull: Sky is the limit, but 30-32k sat range is going to require a great deal of volume.
Bear: Test 24k again, probably falling as low as 18k if it fails.