Lower highs and lower lows since Wednesday's 54.60 post-FOMC high.
Silver has printed lower highs and lower lows since Wednesday's post-FOMC spike to 54.60. Thursday broke the 52.60 range floor, and Friday's slide through London and NY hours took price below 50.00 psych to a 48.85 week low as Fed hike pricing and firm US data weighed. A late-NY bounce high at 49.38 stalled under Friday's 49.81 lower high, with price below an EMA(20) near 50.00 and RSI(14) around 28, oversold with no divergence confirmed.
Support: 48.851, 48.64
Resistance: 49.383, 49.811, 50.00
What it said to watch
ISM Manufacturing Mon 15:00 UTC could materially shift this read; a soft print risks a sharp short-covering bounce toward 50.00 psych
An H1 close above the 49.81 lower high breaks Friday's sequence of lower highs, and a reclaim of 50.00 psych and EMA(20) eases the downtrend read
Failure to hold the 48.85 week low exposes 48.64 nov support; a hold above the bounce high at 49.38 keeps the oversold stabilisation intact
38.2% retracement of the 54.60–48.85 drop sits at 51.05, the first marker below the lower-highs trendline from Thursday's 54.37 high
20:06 UTC
Downtrend, oversold · RSI 29 · price 49.334
Lower highs and lower lows since Wednesday's post-FOMC spike.
The post-FOMC spike to 54.605 faded Wednesday, and Thursday's Asia lower high at 54.368 started a clean run of lower highs. The 52.60 floor broke on Thursday, then Friday's London and NY sessions extended the slide through $50 to a 48.851 week low as hawkish-Fed pricing and precious-metals liquidation dominated. Price sits well below an EMA(20) near 50.15 that has capped every bounce since Thursday, and the late-NY rebound stalled under the 49.811 bounce high. RSI(14) is oversold near 29 and printed a slightly higher low against the price lower low, a mild bullish divergence.
Support: 48.851, 48.64
Resistance: 49.811, 50.15, 50.941
What it said to watch
H1 close above the 49.811 bounce high and the ema20 near 50.15 would be the first break in the lower-highs sequence since Thursday
Acceptance back above $50 and the 50.21 fib 23.6% of the post-FOMC drop puts the 50.941 lower high and the lower-highs trendline in play
Failure to hold the 48.851 week low exposes the 48.64 nov support
ISM Manufacturing PMI and Prices Paid (Mon 15:00 UTC) could materially shift this read against an oversold RSI
Unbroken lower highs and lower lows since the post-FOMC 54.605 high; 52.60 floor and $50 both broken.
Silver has unwound the week from the post-FOMC 54.605 high. Thursday broke the old 52.60 floor, and Friday's slide took out the $50 round number in the London-NY transition before extending to a 48.851 session low into NY hours, consistent with the digest's hawkish-Fed repricing and precious-metals liquidation. Every bounce since Thursday has been capped beneath the lower-high trendline, with price stretched well below EMA(20) and RSI(14) pinned near 21, and no bullish divergence yet.
Support: 48.851, 48.64
Resistance: 49.811, 51.961
What it said to watch
An H1 close back above the 49.811 lower high and the $50 round number would end the lower-high sequence for the first time since Thursday
Failure to hold the 48.851 session low exposes the 48.64 nov support cited in the digest
A break of the lower-high trendline would shift the read from impulse to correction; the 38.2–50% retrace of the FOMC high to Friday low move sits at 51.05–51.73, beneath the 51.961 Thursday low
ISM Manufacturing PMI and Prices Paid, Mon 15:00 UTC, could materially shift this read in either direction
18:04 UTC
Downtrend, accelerating into oversold · RSI 21 · price 48.991
Lower highs and lower lows since Wednesday's post-FOMC high; Mon–Wed 52.60–54.60 range floor broken.
Silver has set lower highs since the post-FOMC spike to 54.605 on Wednesday. The hawkish Fed hold and Thursday's GDP beat broke the 52.60 range floor, and selling extended through the Friday Asia session. Friday's NY session took out psych 50.00, and the ny bounce to 49.81 stalled beneath it; price now sits at the week low near 48.99. It is well below ema20 (~50.31), with RSI(14) near 21, deeply oversold. The 38.2% retracement of the post-FOMC fib leg sits near 51.14, close to the last lower highs trendline touch.
Support: 48.991, 48.64
Resistance: 49.811, 50.00, 50.31
What it said to watch
Hourly close back above 50.00 psych and ema20 (~50.31) would be the first break of the lower highs sequence since Wednesday
Failure to hold the 48.99 week low exposes the 48.64 nov low cited in the news
A fresh price low with a higher RSI(14) low would register bullish rsi divergence from these oversold readings
Lower highs trendline from Thursday's 52.76 high caps rebounds; the post-FOMC fib 38.2% near 51.14 is the first retracement marker
ISM Manufacturing Mon 15:00 UTC and Goolsbee Mon 16:15 UTC could materially shift this read, with weekend gap risk at the open
Lower highs and lower lows since Wednesday's post-FOMC high.
Silver has printed a clean lower-high sequence since Wednesday's post-FOMC spike to 54.605. It slid through the 52.60 range floor on Thursday, then broke the 50.00 psych level in Friday's NY session after the Q3 GDP beat and in-line core PCE kept December-hike pricing intact. Price sits well below the ema20 near 50.46 with RSI(14) near 23, and the only bounce off the 49.031 week low stalled at the 49.811 bounce high.
Support: 49.031, 48.64
Resistance: 49.811, 50.00, 50.46
What it said to watch
Failure to hold the 49.031 week low exposes the 48.64 nov low cited in coverage
An H1 close above the 49.811 bounce high and back over 50.00 psych would be the first higher high since Wednesday
The ema20 near 50.46 and the lower-highs trendline near 50.70 cap any oversold rebound
The 38.2% fib of the FOMC high to week low drop at ~51.16 aligns with the 51.00 former support zone
Musalem's remarks and Monday's ISM Manufacturing (15:00 UTC) could materially shift hike pricing and this read
Lower highs and lower lows since Wednesday's post-FOMC spike.
Silver has printed a steady run of lower highs since the post-FOMC spike to 54.605 failed on Wednesday. Thursday broke the 52.60 range floor, and Friday's slide cut through the 50.00 psych to a 49.03 session low around the NY open, as December hike bets kept the move rates-driven. The only real bounce, in the London session, stalled at the 50.94 London high beneath EMA(20). RSI(14) near 20 marks a stretched, oversold reading after a roughly $5.6 drop from the week high.
Support: 49.031, 48.64
Resistance: 50.00, 50.941, 51.988
What it said to watch
Fed's Daly 16:00 UTC and Musalem 16:30 UTC today could materially shift this read
An H1 close back above the 50.00 psych opens a test of EMA(20) near 50.4 and the 50.94 London high
Failure to hold the 49.03 session low exposes the 48.64 Nov support
A break of the lower highs line, now near 50.8, and the 38.2% fib at 51.16 would challenge the downtrend; Thursday's 51.99 Thu low sits above
ISM Manufacturing Mon 15:00 UTC and Tuesday's US midterms are the next event risk
Lower highs since Wednesday's post-FOMC high, breakdown below 50.00.
Silver has set lower highs since Wednesday's post-FOMC spike to 54.605. Hawkish-Fed pricing broke the 52.60-52.67 floor that held Monday-Tuesday, and Thursday's Asia and London sessions drove price below 52.00. Friday's slide ran from the Asian session through London and took out the 50.68 prior low. The first hour of NY then cut through the 50.00 psych level to a 49.03 week low, with H1 closes well below EMA(20) throughout. RSI(14) near 24 is deep in oversold territory, and the 14:00 bar's lower wick shows the first demand stepping in under 49.10, but the lower-highs trendline remains intact.
Support: 49.031, 48.64
Resistance: 50.00, 50.68, 51.96
What it said to watch
Hourly close back above the 50.00 psych level would be the first reclaim of broken structure. The 23.6% fib of the post-FOMC drop near 50.35 and the 50.68 prior low sit just above.
Close above the lower-highs trendline (~50.9) would end the sequence of lower highs since Wednesday. Thursday's 51.96 low is the next reference above that.
Failure to hold the 49.03 week low extends the downtrend toward 48.64 nov support.
Fed's Daly (16:00 UTC) and Musalem (16:30 UTC) could materially shift this read, with oversold RSI leaving room for a sharp counter-move on any dovish tone.
Monday's ISM Manufacturing and Tuesday's US midterms are event risk for the next session open.
14:04 UTC
Downtrend, accelerating into Friday · RSI 19 · price 49.318
Lower highs and lower lows since Wednesday's FOMC spike; 52.60 range floor broken.
Silver held a 53.00–54.60 range Monday to Wednesday until the FOMC spike to 54.605 was rejected during late NY hours. Thursday's firm US data in the NY session broke the 52.60 range floor, which sits on the 61.8% of the FOMC high-low fib. Asia and London extended the slide Friday, and the in-line ECI bar took price through the 50.00 psych to a 49.318 week low, with RSI(14) near 19 and every bounce capped well below a falling EMA(20).
Support: 49.318, 48.64
Resistance: 50.00, 50.941, 52.60
What it said to watch
Daly (16:00 UTC) and Musalem (16:30 UTC) on December hike odds could materially shift this read
H1 close back above the 50.00 psych would mark the first reclaim since the slide began
A rally that fails below the 50.941 lower high keeps the lower-highs trendline sequence intact
Break below the 49.318 week low exposes nov support at 48.64
RSI(14) deeply oversold with no bullish divergence yet; a higher RSI low on a new price low would flag fading momentum
13:05 UTC
Downtrend, extended and oversold · RSI 21 · price 50.044
Lower highs and lower lows since Wednesday's 54.605 week high.
Silver was rejected at the 54.605 week high after Wednesday's FOMC and has since printed a clean lower-highs sequence. Thursday's GDP beat and low claims extended the slide through the 52.60 range floor during NY hours. Friday's Asia and London sessions carried it to a 49.955 week low. Every bounce has been capped near the ema20, now around 50.94, and RSI(14) is pinned near 21 as price tests the 50.00 psych level, with the fib 38.2 at 51.73 sitting just above the descending lower-highs trendline.
Support: 50.00, 49.955, 48.64
Resistance: 50.94, 51.73, 52.60
What it said to watch
Chicago PMI at 13:45 UTC (f/c 56.1) and Fed's Daly and Musalem at 16:00/16:30 UTC could materially shift this read
H1 close below the 49.955 week low extends the lower-low sequence and leaves nov support at 48.64 as the next reference
Recovery above the 50.94 ema20 and the 50.94 Friday lower high would be the first break of the lower-highs pattern
A bounce into the fib 38.2 at 51.73 and the lower-highs trendline is the zone to watch for rejection or break, with the 52.60 range floor above
Wednesday's FOMC spike to 54.605 faded. Thursday's GDP beat and sticky PCE then drove a lower-high, lower-low sequence through the 52.60 range floor, and Friday's London session extended the slide to a fresh week low at 50.085, just above the 50.00 psych level. Price is pinned well below EMA(20) and RSI(14) sits near 19, deeply oversold. The descending trendline from Thursday's 52.755 high has capped every bounce, with the last lower high at 50.941.
Support: 50.085, 50.00
Resistance: 50.941, 51.81, 52.60
What it said to watch
US ECI (12:30 GMT) and Chicago PMI (13:45 GMT) could materially shift this read within the next few bars
Acceptance below the 50.00 psych level extends the lower-low sequence; the next cited marker is 48.64
An H1 close above the 50.941 lower high and the descending trendline would be the first break in the lower-high structure
On any rebound, the fib 38.2 retracement near 51.81 and the broken 52.60 range floor are the areas to watch for rejection
Daly (16:00 GMT) and Musalem (16:30 GMT) remarks on a December hike, plus month-end flows, could amplify moves off the week low
Lower highs and lower lows since Wednesday's post-Fed high, range floor broken.
Silver opened the week at 53.997 and held a 52.66–54.60 range from Monday to Wednesday. The post-Fed spike to the 54.605 week high faded quickly. Thursday's Q3 GDP beat and sticky PCE revived December hike bets and drove a break below the 52.60 range floor, and Friday's Asia and London sessions extended the slide to a 50.42 week low. Every bounce since has stalled under the descending trendline of lower highs. Price sits well below EMA(20), with RSI(14) near 24 after a second test of the week low.
Support: 50.42, 50.00
Resistance: 50.94, 51.79, 52.60
What it said to watch
US ECI at 12:30 GMT (f/c 0.8%) and Chicago PMI at 13:45 GMT could materially shift this read
Hourly acceptance below the 50.42 week low exposes the 50.00 psych level
H1 close above the 50.94 swing high would mark the first higher high since Thursday
Reclaiming the 51.79 lower high and the trendline would invalidate the lower-high sequence, with the broken 52.60 range floor above
Daly (16:00 GMT) and Musalem (16:30 GMT) remarks on a December hike, plus month-end flows
10:05 UTC
Downtrend, stretched and oversold · RSI 29 · price 50.709
Lower highs since Wednesday's post-FOMC high, 52.60 range floor broken.
Silver has dropped about 4.2 from Wednesday's post-FOMC spike high at 54.60. It lost the 52.60 broken floor in Thursday's NY session after the Q3 GDP beat and low claims firmed December hike bets. Since then H1 has printed a clean lower-high sequence under the falling trendline, and London open on Friday extended the move to a 50.42 week low. Price is holding below a declining EMA(20) near 51.50, and RSI(14) bottomed near 23 at the low and sits around 29: oversold, with no bullish divergence yet.
Support: 50.42, 50.00
Resistance: 50.94, 51.50, 52.60
What it said to watch
Employment Cost Index at 12:30 UTC, then Fed's Daly and Musalem, could materially shift this read
H1 close below the 50.42 week low extends the lower-low sequence toward the 50.00 psych level
Reclaim of the 50.94 lower high, then an H1 close above the falling trendline and EMA(20) near 51.40-51.50 (23.6% fib), would break the lower-high sequence
Any rebound into the 52.60 broken floor is the area to watch for rejection or acceptance back inside the prior range
09:05 UTC
Downtrend, oversold after third down session · RSI 29 · price 50.935
Lower highs and lower lows since Wednesday's Fed-bar high.
Silver has stepped lower since the 54.605 week high on Wednesday's Fed bar. Each bounce has capped beneath a falling lower-highs line, and price sits well below EMA(20) near 51.55. Thursday's GDP beat and sticky core PCE drove the break through the 52.35 broken supp zone during NY hours. Friday's leg came in two parts: an Asian push to 51.09, then a London-session extension to a 50.42 week low. RSI(14) near 29 is oversold, with only a modest bounce off the low so far.
Support: 50.42, 50.00
Resistance: 51.55, 51.79, 52.35
What it said to watch
US ECI at 12:30 GMT (f/c 0.8%), then Daly and Musalem, could materially shift this read
H1 close above the 51.79 asian high and the lower-highs line would break the sequence of lower highs
Failure to hold the 50.42 week low exposes the 50.00 psych level
EMA20 near 51.55 has capped Friday's bounce; holding below it keeps the downtrend structure intact
A bounce toward the 52.35 broken supp zone would meet the 38.2% fib near 52.02 first
08:04 UTC
Downtrend, extended and oversold · RSI 20 · price 50.61
Lower highs and lower lows since Wednesday's post-FOMC high at 54.605.
Silver has printed lower highs and lower lows since the post-FOMC spike to 54.605 on Wednesday. Hawkish December-hike repricing, not the dollar, drove the Thursday London session break of the tuesday low at 52.66, the former range floor. Friday's late Asia session took out the 51.08 asian low and printed a 50.42 session low ahead of the London open. Price has held below EMA(20), near 51.67, since Thursday, and RSI(14) sits near 20, deeply oversold with no bullish divergence against the 51.96 thursday low.
Support: 50.42, 50.00
Resistance: 51.08, 51.96, 52.66
What it said to watch
ECI at 12:30 GMT, then Daly and Musalem later today, could materially shift this read. Oversold RSI leaves room for a sharp corrective bounce on a soft print.
Failure to hold the 50.42 session low exposes the 50.00 psych level.
An H1 close back above the 51.08 asian low and the lower highs line near 51.60 would be the first break in the descending sequence.
The 51.96 thursday low sits at the 38.2% fib of the FOMC high-to-low move. Rejection there keeps the downtrend structure intact.
A reclaim of the 52.66 tuesday low would negate the range break.
Range break lower, sequence of lower highs and lower lows since FOMC.
Silver has broken down from the Monday–Wednesday 52.66–54.60 range. The post-FOMC spike to the 54.605 week high reversed, and Thursday's sell-off cut through the 52.657 former floor as the GDP beat and low jobless claims kept December hike pricing intact. The Asia session extended the move through the 51.09 broken low to a 50.68 session low, with each bounce capped beneath a descending lower-highs line and price well below both EMAs. RSI(14) near 21 is deeply oversold, with no bullish divergence printed yet.
Support: 50.679, 50.00
Resistance: 51.09, 51.793, 52.657
What it said to watch
ECI at 12:30 GMT, then Daly and Musalem at 16:00–16:30 GMT, could materially shift this read
Failure to hold the 50.68 session low exposes the 50.00 round number
An H1 close back above the 51.09 broken low would be the first sign the Asia extension is being rejected
A close above the 51.79 bounce high breaks the lower-highs line and the sequence of lower highs
A reclaim of the 52.66 former floor, near the 50% retrace of the post-FOMC leg, would negate the range-break read
Lower highs and lower lows since Wednesday's post-FOMC high; 52.60 floor broken.
Silver has printed lower highs since Wednesday's post-FOMC spike to 54.605. Thursday's London and NY sessions broke the 52.60 prior floor as hawkish Fed pricing, rather than the dollar, drove the selling, and Friday's Asia session extended to a week low of 50.878. Price sits below the EMA(20) near 51.91, which has capped every hourly rebound since Thursday, while RSI(14) near 21 is deeply oversold.
Support: 50.878, 50.00
Resistance: 51.91, 52.30, 52.60
What it said to watch
An hourly close above the ema20 near 51.91 and the lower-highs trendline would break the sequence of capped rebounds since Wednesday.
A recovery into the 38.2% fib at 52.30 and the 52.60 prior floor would test whether the broken range base now acts as resistance.
Failure to hold the 50.878 week low exposes the 50.00 psych level.
US ECI at 12:30 GMT, Chicago PMI at 13:45 GMT and Daly/Musalem later Friday could materially shift this read, with oversold RSI adding snap-back risk.
Lower highs since Wednesday's post-FOMC spike; range floor broken.
The 54.60 spike after Wednesday's FOMC hold was sold back the same hour. Thursday's slide broke the 52.60–52.67 broken floor during Asia and early London, then extended into NY hours as hawkish December-hike pricing outweighed a softer dollar. Asia session Friday printed a week low at 51.08. Price sits below a falling EMA(20) near 52.03 and a lower-highs trendline, with RSI(14) oversold near 26 and the 23.6% fib of the week's drop at 51.91, just under Thursday low at 51.96.
Support: 51.081, 51.00
Resistance: 51.961, 52.03, 52.63
What it said to watch
US ECI at 12:30 GMT, Chicago PMI and Daly/Musalem comments later Friday could materially shift this read
H1 close back above Thursday low at 51.96 and the ema20 near 52.03 would break the lower-highs trendline and point to a corrective rebound
Recovery toward the broken floor at 52.60–52.67 is the next test where prior bounces were capped
Failure to hold the week low at 51.08 exposes the 51.00 psych level and the 50.00 handle
Lower highs and lower lows since the post-FOMC 54.61 failure; 52.66 floor broken.
The FOMC-hour spike to the 54.61 week high reversed within the hour. Since then silver has put in a run of lower highs: Thursday's slide cut through Tuesday's 52.66 low, the broken floor, during London and NY hours, and the move reached a 51.08 week low in Friday's Asia session. The digest points to real-rate repricing on December hike bets rather than the dollar, which softened. Price sits roughly 80 cents below EMA(20) near 52.09, which has capped every bounce since Thursday's NY session, and RSI(14) near 29 is oversold.
Support: 51.081, 50.00
Resistance: 52.09, 52.657, 53.00
What it said to watch
H1 close below the 51.08 week low extends the lower-low sequence toward the 50.00 psych level
Recovery above EMA(20) at 52.09 and the lower-highs trendline would be the first break in this week's decline structure
Reclaiming the 52.66 broken floor, near the 38.2% retracement at 52.43, would shift the read to a corrective rebound, with the 53.00 round number above
US ECI at 12:30 GMT, Chicago PMI at 13:45 GMT and Fed's Daly/Musalem from 16:00 GMT could materially shift this read; a soft ECI risks a sharp oversold bounce
03:04 UTC
Downtrend, oversold after a two-day leg lower · RSI 29 · price 51.416
Lower highs since the post-Fed 54.605 peak; Mon–Wed range floor broken.
Silver rotated in a 52.66–54.60 range from Monday to Wednesday, but the post-Fed spike to 54.605 in Wednesday's NY session was rejected. Thursday's Asia and London sessions took out the range floor near 52.63. The slide extended in NY after solid GDP and in-line core PCE pushed hike pricing higher, and Friday's Asian session printed a week low at 51.092. Since Thursday, every bounce has stalled under a falling lower-high trendline and EMA(20) near 52.19. RSI(14) is pinned near 29, and the 51.97 broken shelf (Thursday's NY lows) now sits overhead.
Support: 51.092, 51.00, 50.00
Resistance: 51.97, 52.19, 52.63
What it said to watch
US ECI at 12:30 GMT (f/c 0.8%) and Daly/Musalem at 16:00/16:30 GMT could materially shift this read
H1 close above the lower-high trendline and ema20 near 52.19–52.36 breaks the sequence of lower highs since Wednesday
Range floor at 52.63 (38.2–50% fib zone) is the area to watch for rejection on any rebound
Failure to hold the 51.092 week low and the 51.00 ytd low exposes the 50.00 psych level
A higher RSI low on a retest of 51.09 would mark rsi divergence (bullish) against the oversold leg
Lower highs and lower lows below the 52.60 range floor.
Silver has printed lower highs since Wednesday's post-FOMC spike to the 54.605 week high. Thursday's London and NY sessions carried the slide through the 52.60 range floor, as the hot Q3 GDP (3.4%) and low claims kept December hike bets intact. Asia extended the drop to a fresh week low at 51.092 before a partial rebound. Price now sits about 80 cents under the EMA(20) at 52.29, with RSI(14) pressing 30, and the lower-high line from Thursday's 53.07 has capped every bounce since.
Support: 51.092, 51.00
Resistance: 51.96, 52.29, 52.60
What it said to watch
An H1 close back above the 51.96 prior low and the lower-high line would be the first break in the descending sequence
Failure to hold the 51.092 week low exposes the 51.00 round number
Reclaiming the EMA(20) and the 52.60 range floor, with the 38.2% fib of the 54.605–51.092 leg near 52.43, would neutralise the breakdown read
ECI at 12:30 GMT, plus Daly and Musalem later Friday, could materially shift this read
Lower highs and lower lows since Wednesday's post-FOMC spike.
Silver is down roughly $2.70 from Monday's 54.25 open. Wednesday's post-FOMC spike to 54.61 was rejected, and Thursday's slide set successive lower highs, extending in NY hours after the Q3 GDP beat and lower jobless claims firmed December hike pricing. Price now sits below EMA(20) near 52.37, which capped Thursday's last bounce, and the Asia session has broken under the 51.96 Thursday low to a fresh session low at 51.53. RSI(14) near 27 is oversold, with no bullish divergence against Thursday's low yet.
Support: 51.53, 50.00
Resistance: 51.96, 52.37, 52.66
What it said to watch
An H1 close back above the 51.96 thu low would turn the Asia break into a false break
Reclaiming the ema20 near 52.37 and the lower-highs trendline would be the first break in the lower-high sequence, with the 52.66 tue low (former floor) above
Acceptance below the 51.53 session low leaves the 50.00 psych level as the next reference
ECI at 12:30 GMT and Fed's Daly and Musalem later Friday could materially shift this read; a soft ECI risks a sharp oversold bounce toward 61.8% of the FOMC leg near 53.43
Range break lower, lower highs since Wednesday's post-FOMC spike.
Silver held a 52.66–54.60 range from Monday's 54.25 open through Wednesday. The post-FOMC spike to the 54.605 week high faded during the Asia session, and the Wednesday-Thursday drop broke the range floor near 52.60 once hot Q3 GDP and claims firmed December hike bets, despite a softer USD. Price sits below EMA(20) and EMA(50), capped by a run of lower highs, with the latest at 52.357. It is now pressing the 51.806 week low, while RSI(14) near 33 holds above its Thursday NY-session trough, a bullish divergence that shows downside momentum slowing.
Support: 51.806, 50.00
Resistance: 52.357, 52.60, 53.206
What it said to watch
Fri ECI 12:30 GMT (f/c 0.8%) and Daly/Musalem remarks could materially shift this read
H1 close back above the 52.357 lower high and the 52.60 range floor would break the lower-highs sequence
Failure to hold the 51.806 week low extends the downtrend toward the 50.00 psych level
A rebound into the fib 50% of the Wednesday-Thursday drop near 53.21 marks the area to watch for rejection or break