There's been strong support at the 1450 area recently, the bears need to come out in force to head toward the bottom of the upward channel we are in on the daily chart. Lots of room to go down in the channel though if we breakdown this 1450 support area. It's looking to me like we could start riding the upper channel line on the daily. I'm going with Chopper Ben and the League of Extraordinary Bankers till I have reason not to long term.