Looking for a short term retest to ~269 - 272 region today.
To the downside looking at 240 - 243 regions, and expecting further downside. To the upside, if 269-272 holds, looking for a retest to the 280 regions.
Comment
Daily RSI still above 55, hourly back at 55.
If RSI above 55: Looking for a 4hr candle close around 270, continuation towards 280, and a retest. Target: 270 - 274 in most probably 2-4 candles.
If RSI rejects 55: Looking for a correction towards 237-240, followed by 216-220.
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