What to watch. If the market can hold above $10,320 and close above the MA with a downward Williams arrow that's potentially a good sign. If not then there's another leg down. I discovered this by doing some back studies using my MACD
for best timing (I haven't checked for errors). Study the MACD
on my chart and judge for youselves what happens where I've joined two consecutive peaks (that's if the last peak turns out to be a peak), you may see more than me. I've also added another trend line
of interest to my 2 hour chart from the 15 minute chart.