Basically if we are rejected at this crucial 50 MA (meaning failure to close above either today or tomorrow) I think we must go down and re-test the 200 MA. This will be the best place for longs to look for a buy-in.
A note of caution. If the blue 20 MA crosses down over the 200 MA it's Bear Town for us. Expect a pro-longed bear market in that case, which could see as plumbing very low depths indeed. LOL