Overall, on average weekdays have more volume than weekends. However, weekends have a higher OBV value.
According to my technical analysis the trend is down, For trend continuation trades the zone 111.047 is a good entry.Looking left we have another support level at 110.376 , that is where i am looking for a potential reversal to the upside and it is a zone where most trend continuation traders will be looking forward to taking their profits from the market....
Summer's nearly over in the Northern Hemisphere, all the big boys are heading back, maybe the volume picks up a little?
Now that we've retraced 50%, we need to break resistance.
If this is a head and shoulders play, we have a target much lower. 1.12288 is a Fib support line, which is the next target lower, and will then see if the H&S plays out down to 1.05160
Waiting on Earnings (08/15), has been an awesome Dividend play if you picked it up lower down.
Falling out of favor! Taking a step back and waiting for support.