Paulyz

Paulyz

red box my target plenty support there for short term bounce.

Paulyz Updated 

im taking a shot in the dark here if we break through the old resistance support line that we keep bouncing off. this is not financial advice just a hope.

Paulyz

looking for possible short term bounce in the box for a then continuation down.

Paulyz

if we break the yellow we will be going down for a correction, red box is my first target for a bounce

Paulyz

a close below 8080 would be a sign of weakness and a free fall could follow. if we hold then an attempt to break the 200ma on the daily could be on the cards.

Paulyz

we will soon see. :)

Paulyz Updated 

?

Paulyz

small bounce with continuation down imo

Paulyz

red box new target if we break down from the head and shoulders

Paulyz

taking short if we cant get past that little red box 8368 thats if we even bounce

Paulyz

like I said before the 200 ma has been a big hurdle on the daily, last 3 times we touched it we have rejected. a break through this would be another definite strong leg up. plus I think the daily rsi will need a freshen up if we going to attempt to break through

Paulyz

long

Paulyz

my target is the green box. the 200 ma should give some resistance along with the horizontal line

Paulyz

my shorts have been stopped out now maybe time to sit on fence look for new entry maybe long

Paulyz Updated 

with a rising wedge forming I have a target if we go down to the green box and either bounce back or continue down. imo short for the short term

Paulyz Updated 

zooming out looks like we my have room to have another down turn but what do I know.

Paulyz

??

Paulyz

atm im waiting to see if we hit around 7750/7800 if we reject before who cares thats where I will be looking for long or short depending if we go through or not.