PA in the past shows the 138.50 was a support and now it is a Resistance.
The 30min TL is still holding...I project the 138.50 range for TP before a reversal...The bailout news is a big disappoinment( No full amount loan)...No major news today..It maybe a trending day...Trend at the least resistance..
If the 30min TL don't break than it might test the lows again..
The 30min TL is still holding...I project the 138.50 range for TP before a reversal...The bailout news is a big disappoinment( No full amount loan)...No major news today..It maybe a trending day...Trend at the least resistance..
If the 30min TL don't break than it might test the lows again..
[