Prices are attempting to recover after putting in a bullish Piercing
Line candlestick pattern above support at a rising trend line set from
June 2012. Near-term resistance is at 98.93, the 14.6% Fibonacci
expansion, with a break above that exposing the 23.6% level at 100.41.
Trend lien support is now at 96.45.


![[Two Different Approaches to Market Timing]: The Spiral Calendar and the VISTmany Research Project [Two Different Approaches to Market Timing]: The Spiral Calendar and the VISTmany Research Project](https://c.mql5.com/6/1012/splash-preview-771691.png)

