Looks like second attempt to push higher was stopped at 1300.
Price is currently at support of 1269 and should it break this level and hold then 1220 looks like an easy target.
A double bottom could be forming here (which could mean a push back up to 1300) but to me it looks like bears are still firmly in control.
Price is currently at support of 1269 and should it break this level and hold then 1220 looks like an easy target.
A double bottom could be forming here (which could mean a push back up to 1300) but to me it looks like bears are still firmly in control.