Unless more FUD comes out in the next few hours, I believe we will bounce off the support and go for a third retest of $187.40. This will be critical if we want to get out of this area. If we can get past that, then $193.50 will be our next point to pass. That will reverse our huge downfall from $193 to $176 yesterday. I do expect some resistance at $187.40, so you can expect a bounce off it. If that is the case, then it is possible we continue moving sideways during the day.
I will continue to watch this and will update it if any key is broken. Check out my previous day TA's in the related ideas section and please like/follow if you would like to stay up to date with my daily TA's.