Stochastics and the RSI have turned bearish signaling that additional weakness is possible near-term. Closes below the 20-day moving average crossing at 100.83 would confirm that a short-term top has been posted. If March renews the rally off November's low, the 62% retracement level of the September-November decline crossing at .10166 is the next upside target.
First resistance is last Thursday's high crossing at 101.58.
Second resistance is the 62% retracement level of the September-November decline crossing at .10166.
First support is the 20-day moving average crossing at 100.83.
Second support is the reaction low crossing at 100.46.
