U/J Ideas

Very sensitive area at 114.00 bounce again w/ a double top + bearish engulfing. Sellers in control for the moment. M.A's still bullish on weekly, early indication on the daily w/ them nearing each other last week. Thinking we can see 110.00 but lets focus on clearing 112.00 first. Eyes pealed for a nice ABCD pattern that could take us right to 112.00.