We hit a double top at 1850. I don't think the bull market will continue until we break through. Meanwhile we could see a retracement to 1770 based on a 4% pullback from the top. If all hell breaks loose and we get a major correction it's going to 1700 or lower.
This one broke down its support at 3.55 on some heavy selling volume. It is testing the 3.47 support level. We may be seeing a reversal here. May be a good short if it breaks 3.47?
(Chart looks more readable if you're using data from all exchanges, not just BATS)