On the short-term 15 minute chart I'd like to see the 1016.48 gap filled.
On the hourly charts for Monday although we could close higher, a close below 1035 keeps me in the bear camp.
On the Daily chart we have a whole lot of support from the the 1017 50 Day SMA to the 1011 ascending green trendline from the previous two swing lows.
If support on the daily charts fails, then I'd expect the weekly 975 to hold. See the 20 Day SMA laid over volume? It's still declining!
Monthly chart: With all this hoopla of a bounce from the devil's March bottom, we have yet to close above the 20 Day SMA. Fibonacci shows we are still floundering around 38.2
On the hourly charts for Monday although we could close higher, a close below 1035 keeps me in the bear camp.
On the Daily chart we have a whole lot of support from the the 1017 50 Day SMA to the 1011 ascending green trendline from the previous two swing lows.
If support on the daily charts fails, then I'd expect the weekly 975 to hold. See the 20 Day SMA laid over volume? It's still declining!
Monthly chart: With all this hoopla of a bounce from the devil's March bottom, we have yet to close above the 20 Day SMA. Fibonacci shows we are still floundering around 38.2
