Near-term uptrend with resistance at 42 and support at 40. But, the major trend is down as represented by the 200-day moving average. A break below 40 would indicate a test at 39. A break below 39 indicates a major test at 35. Reference the link below the chart.
Reference my post from March 15, 2016 for the support levels below 40.
“Technical Analysis is about probabilities.”
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