Published April 24th, 2009 - 06:47 GMT Al Bawaba As long as .7260 is intact, there is significant bearish potential. The 200 day SMA defends resistance at the key level. Bigger picture, a complex correction may be complete from the October 2008 low. LatestPopular Mamdani says NYC can't arrest Netanyahu Ukraine strikes Wildberries warehouses in Russia, causing huge fire US strikes IRGC military base near Behbahan Eda Ece hospitalized after dog attack during motorcycle ride in Bodrum Iran targets US facilities in Bahrain and Erbil as Gulf conflict escalates Loading content ... Subscribe Sign up to our newsletter for exclusive updates and enhanced content Subscribe Now Subscribe Sign up to get Al Bawaba's exclusive celeb scoops and entertainment news