Going back the past three months the area surrounding 16.40 has no doubt offered a great deal of support/resistance. Now again, just a little over two days since the VIX was over 26, it is now testing that 16.40 area again. Granted it is trading below the support level now, but I think of bigger
Intraday the Q’s took a bit of a hit today. On the daily it is finding support at the 50-day moving average. But when you zoom in on the 30 minute chart, there is some weakening taking hold and with the break below $104, there is a good chance that we see at least a
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