4 Mar 2015 - 20 Day

The 20 day has put a cork on any downside push today supporting price at 2090.  A break of this and its down to 2080.  The ST has turned today, so intra-day charts has done its job on manipulating the Short-term trend on turning down.  Breaking the 20day MA here is key...  On a daily basis the support after a break of the 20day MA would be at 2040 and 2000 where the 200day MA would most likely be by the time price reaches 2000.  I would urge people to take it one day at a time as things can change very quickly.  For now though the ST is Down.

MT: UP
ST: DOWN
PA: NA