Buyers emerged in July, September and October 2013 at the 100dma channel low... Will they repeat the pattern or just push lower with conviction ? Market parameters are clear, and risk defined. I'll try to buy it in the next 5 sessions, if we can keep closes in the 100 dma channel. Closing below the 100 dma channel would send quite a bearish signal and I wouldn't be long in such a case.