TA is so subjective. .30 (even number support helped by the 50DMA) held on a closing basis yesterday for the first and only time since Monday's .33 violation. Today, the .30 level has become resistance. That fact, along with today's lower high and lower low makes the near future look very ominous.
The facts contained in vanbookie's post #28027 aint gonna help matters either. Couldn't happen at a worse time.