Description
⋅ Last week's price action, most importantly last weeks price settlement may be an indication of what's on the horizon.
A retest of the prior low at 13,706 is not out of the question in the near term unless something spins this market around aggressively.
12,250 is attainable within several weeks time if price settles below the prior low placed at 13,706.
14,250 holds the potential to contain weekly buying. It would take a settlement above for the market to grind higher.