If it loses this area without much a contest it should show up as further selling I think. This is the 33 day average forming the ceiling to pricing over today. Every bar is 4hr and its failed to regain any momentum to the upside so far hence market shows little desire to rise at this time.
monday is payday and banks open so lets see what happens
i agree tho that if it doesnt bounce in the next 12 hours its gonna test new lows