Replies to post #10858 on 123Tom's TA study group

[123tom]

yes,an ominous chart

and the first time it fell down to 10,my eyes were glancing at target zone 10-7,half expecting to see it bleed down to test 8 area. It held ok at 10, but here we are again staring at 10/9/8/7 I really hope it holds at 10 again.
Where do you see any rally going from here? I see some strong resistance as low as 12. and 13 area looks pretty strong for a range top.