However, its lack of follow-through, so far today leads me to wonder if support at 134 as withstood the assalt for the time being. Here is the chart...
If this is the case, and it can manage to break through near term descending resistance, there is a fairly big magnet at 136.30 going into tomorrow, concurrent with longer term descending resistance.
On the other hand, if support at 134 gets taken out, 132.50 is looking like an entirely reasonable short target.
Just thinking out loud...
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