The MACD histogram turns red on the weekly chart indicating that the strength lies with the bears. The MACD has crossed the signal line tiggering sell signal.
The candle stick patterns show indecision, however the red bodies are slowly becoming bigger.
The Fibonnaci retracement shows important levels to monitor with most important support at 175 with strong resistance at 257.
The candle stick patterns show indecision, however the red bodies are slowly becoming bigger.
The Fibonnaci retracement shows important levels to monitor with most important support at 175 with strong resistance at 257.