Nexium is currently in a dip, and is moving closer to the lower Fibonnaci retracement line. I expect a possible down move till the trend lower resistance level or the Fibonacci retracement line, and a breakout most likely up.
The Volatility index showed that the bottom of the market has already been reached, and it seems that the resistance level will be broken soon. I expect a small rise at least until the next resistance level from now on.
