The good news? Several of the scenarios we’ve been discussing started to play out exactly as expected. The bad news? Most charts are still sitting between major support and resistance levels, meaning the bigger technical picture hasn’t changed just yet. Until those key barriers are broken, patience remains just as important as prediction. Yesterday we wrote: (…) “If today’s session closes below 100.77, today’s bullish gap would likely become nothing more than another failed recovery attempt, increasing the odds of a re-test of the support zone built around the previously broken March highs (100.36-100.53).”(…) Well… ... (full story)