Short Term Update

Here’s a 60 min chart of the last 7 days, after an initial breakout of the short term VWAP notice that it stopped and found perfect resistance at the first positive deviation line of the volume average. Now it is very important to stay above the first negative deviation line at $480; any weakness below this level is a good indication that the selling pressure is increasing with the possible outcome of a new bottom below the previous one did at $440.
For now, watch out the 480$ level.

chart