Comments on the chart
Comment:
So far price has not been able to breakout and stay out. This could be the beginning of the breakdown
Comment:
Resistance held.
Comment:
Price fell hard from resistance. The downside still looks good
Comment:
Even with this stellar move today price is still below resistance. This index is well correlated with the NASDAQ100 index and that fell hard today. So I am expecting some weakness to start tomorrow morning
