In respect to the amount of time that expired at 1685.50 (10/14 – 10EST)
Until 4 hours ago, in regards to accumulated volume and volume peaks.
We could well see marginally taking out the last low (1654.30 – 10/13)
The price action at 1688.00 and then 1672.60 will clearly determine the immediate direction and range.
1668.90/1670.10 is still in line as a potential buy; although it now has become a wait and watch level as opposed to a buy pre-order.
1651/1652 is clearly a buy pre-order
In the event we bounce exactly at 1676.50/60
It means the immediate move is up to 1699.00/1699.10
1668.90/1670.10 is a potential buy level
Although we may not reach it
it appears buying enters at 1673.20/1673.30
1661.70 is the immediate term support OAV (NYSE:BB)