If you look at the chart which is 101 periods long and has a black 100 MA. The first dot to the left is the one which now holds the 100 MA. Only if the price should go above that dot the 100 MA will turn sideways. That means that the falling 100 MA will continue down for a long time.. This MA has just crossed the blue 200 hr MA on downside at 705. To me that means a very strong R at this important chart point. You also see the red curve which is the 50 day MA and have crossed the 200 MA on downside. The technical situation looks as if 705 will not be taken today. The low for the day's target could be at 689 or below.
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