Quarterly Chart
>Last February 4, 2014 SMC bounced from the Potential Reversal Zone (PRZ) of a Bullish Shark Harmonic Pattern. The PRZ is also in confluence with Fibonacci Time Zone (Vertical Blue Lines).
Weekly Chart
>The 38.2% Retracement seems to be supporting the downside. Further support at 50MA and Median Line of Andrew's Pitchfork.
>Resistance at 50.0% Fibonacci Retracement.
>RSI is currently at 51.24 (Resistance at 58).
#Caveat
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