The Way Things Are Going Now....

Points to a possible close up on lighter volume. That scenario is not helpful at all, in fact, that's the worst price/volume relationship there is-very bearish. So, either price and volume need to pick-up and close convincingly above 140 or volume stays low and price declines for a loss on the day. Assuming the loss isn't too dramatic, that would be a better scenario than the first one laid out.

That said, I do see some short term progress being made this afternoon. And by that, I mean there are indications that this little attempt to break out may be loosing its footing. Which suggests a price decline and if volume stays low, we have a benign or at least an ambiguous price /volume relationship, which is better than the first scenario-sorry to be so repetitive.