has staged a steady decline within a 4-month channel (from March 2015 high) towards the 142.72 low ( April
8, 2015). Below would expose the 141.91 range target (as shown on the daily chart
) and the 137.05 key low (October 15, 2014). The 146.35 high (July 24, 2015) should cap near-term bounces. Above 146.35 would re-focus the 149.87 resistance. Only above there would stabilize.
Short term: bearish
Long term: bearish