Strong resistance
Was very nice move today, vol increased dramatically,
Shorts and sellers seems to be less aggressive,
BUT, yet couldn't break resistance @ 4.50 even with that vol.
Closed right below resistance.
Bulls should bring a lot of buying pressure @ the opening bell to break it.
If they couldn't make it done IMO the move will not last.
Next resistance @ 4.70 , to far to talk about.
Support @ 4.20 and not much of it below that.
If support will break my guess is it will go all the way down back to 4.00
Shorts and sellers seems to be less aggressive,
BUT, yet couldn't break resistance @ 4.50 even with that vol.
Closed right below resistance.
Bulls should bring a lot of buying pressure @ the opening bell to break it.
If they couldn't make it done IMO the move will not last.
Next resistance @ 4.70 , to far to talk about.
Support @ 4.20 and not much of it below that.
If support will break my guess is it will go all the way down back to 4.00
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