After the break down extension occurs and now the bears are rolling in the market. Momentum indicators are not over sold, the only technical indicator is that prices are well below the 2 standard deviations from the 20 week SMA. We all know that is not a definitive conclusion of a directional change coming immediately but likely in the near future. I am flat so lets get this ball rolling downward kids– how low do we go???
Major Support:, $1.991-$1.96, $1.795-$1.766 Minor Support : Major Resistance $2.00, $3.00, $3.16, $3.48, $3.536, 3.59, $3.65
