PA has did a 100% Fib. Retracement from around 1300.00 to 1350.00. is now at around 30 or oversold at this time. *NOTE: Watch out for "W Reversal Pattern" on to happen, which means Bulls are in control. First noted on chart is around 1300.00 area & second on chart is around 1350.00. Will wait for a strong reversal pattern to happen on 1 hour or above time frame charts (harami, or ) to trade bulls.
Last two four hour were , 1st one was red and last one of trading was green. Keep an eye on watch happens. Again, I will be looking for a strong reversal chart pattern, related to being done.