if you look at the chart the resistance was at 145 ( blue line) , so it tested that but couldn't sustain and was driven down by the bears, although the closing is positive , but the body of the candle is small ( which indicates lack of upward momentum ) and had a large tail which indicates bear control.Also the bar on 14/11/11 was a big bear candle with heavy volume indicates selling pressure at top levels.although it mamanged to close above 200DMA, but it is still below 20 and 50 DMA, which indicates short term selling pressure till 120 levels , where it may seek some support.
