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$SI: Watching the 22.00 Support
I'm keeping a close eye on $SI here, specifically around the 22.00 level. It seems to be holding as support for now, but a clear break below that could really open the door for a retest of 21.50 or even lower. My conviction for this short-term view would be invalidated with a sustained close above 22.30.
2 comments · 4 points
Yeah, 22.00 definitely feels like a key level. I'm wondering if you're seeing much volume come in around there, or if it's more of a technical hold?