Data looking healthy after the shake out - We're in the ascending channel between the 2x1 and 1x1 fib rays, resistance here at the arc pair - If the candles get thru the arc and above the 1x1 Data will go super bullish - Resistance/support is shown by the arcs, fib rays and tops/bottoms of squares
Comment:
Data has found support but is obviously struggling like the rest of the market, it has fallen off the 2x1 and may drop another level at the strong resistance here, $0.091 is not impossible - I am waiting to see the candles move into the arc and give more indicators as to the ongoing trend before re-entering
