Former support and buying level near $375 is looking exhausted. The last line of demand looks to be around $364. If these levels continue to be tested or weakened then $325 could be a real possibility.
At this time, I am not a buyer unless there is confirmation that selling pressure is drying up and we have a close above the 13/21 MAs with volume.
At this time, I am not a buyer unless there is confirmation that selling pressure is drying up and we have a close above the 13/21 MAs with volume.