If we should test that level today and break the next level down is 1307 and then 1302....60 min charts have a cluster moving averages there as well as the daily MA's. Given the inverse relationship of the moving averages on the 60 min chart this move is in quesion.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.