Big day. First, we had a really big volume swell. In addition, prices fell through the 10 and 20 day EMA -- both strong technical developments. Finally, prices broke through the upward sloping trend line that started in mid-July. Here is a chart that shows where all the technical support lies:
The big issue on the daily action is the price chart in the morning; prices dropped about 2%. Then they meandered sideways for the remainder of the day.
