Looks to be at a major inflection point right now as it recently broke above the macro downtrend line......will either be the official start to a new bull trend or it could be a head fake before the next big move down......for it to be a new bull trend then it needs to close above 480 & for it to continue the bearishness......then it needs to close back below the macro downward sloping trendline around 434 & specifically it needs to close below the 420 level which is the upward sloping trendline for any major downward move to happen..........watch volume for confirmation to the bullish or bearish case.....IMO is that this is a head fake before a major move down due to the lack of bullish volume prebreakout
