Critical price level we must watch is the retest of 138.16 (that will determine either we are looking for a downtrend or upward trend. that is what I will be looking for .
I will be looking for $144.00 and $139.10 price level very closely. if support / resistance level can hold. Besides that, if they can be a break of structure or (CHOC) towards the downside leading to $120.00 price level.
if it breaks below $144.22, then we are heading to $120.00 price level. if it breaks above $146.44, then expect to see $146.19, $149.06 and possibly $152.42.