Price bounced off the daily pivot and has reached the .5 level of the last down move. It was rejected at a solid level of resistance (red arrows), so may continue down from here. China tariffs news may cause a spike up through resistance on Monday to test the .618 level, but given current bearishness, I don't expect price to reach very far up. Especially given the tariff news today caused a spike but didn't seem to have a lot of momentum. Therefore I am looking more for a test of the low on the daily before any solid move up. But, let's see.