Just trying to shed some light here for anyone interested.We all...

Just trying to shed some light here for anyone interested.
We all must be aware that forward earnings plus dilution are weighing heavily ATM.
Most XNJ with overseas earnings have thin margins also.

This chart might come in handy for possible bounce trades if holders are inclined to average down.
CR @ 22.50 from memory seems a must do for current holders to maintain value.



Red arrow indicates where Up and Down PF trend meet and suggests $25 support, confirmation would be prudent.
Coppock indicator is above the Zero line and suggests a ST rebound is unlikely.


P. Not for advise just posted for reference purposes.