As of now, oversold on weekly and daily. Has a large zone it can extend into, but as of right now is looking like a classic modern day 7 swing pattern, which if completed, would bring it right to the .618 retrace of major low to major high... If you see this playing out, which looks like it will trade accordingly. These are the types of "supply and demand" trades you want, at least in my humble opinion. This is some high time frame stuff though so understand that...