Skybontal

Bull trap or trend reversal?

Skybontal Updated   
Second support held well. But tooo early to tell whether a trend reversal is coming. If 100MA resistance (orange) is broken, then we might see the first signs. As for now, this oulook is still bearish.
Comment:
Bear trend continues with with a failed test of 100MA resistance. We'll see how Asia and Europe take the Moneygram news.
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