PA has bounced off the upper clusters and there is still 1 strong sell cluster I still think PA will hit, but we are currently in a momentum correction. I think PA will go down to re-test the previous broken TL and we should see a bounce at this level back up to take out the upper cluster.
***** HOW TO READ THE CHART: The red and blue lines represent clusters of BUY/SELL orders. The thicker the line, the stronger the cluster. Red = SELL, Blue = BUY. Grayed Out = Cluster Hit & Gone.