If 12920 holds expect an immediate upward movement and climactic down bar
If it is broken the next major support area is 12780, if the market finds support here it will likely re-accumulate afterwards in range trading for the short-term
However, if 12780 breaks we could be looking at a sustained down move
If it is broken the next major support area is 12780, if the market finds support here it will likely re-accumulate afterwards in range trading for the short-term
However, if 12780 breaks we could be looking at a sustained down move