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 War resumes: US launches new attacks on Iran Bahrain parliament expels three MPs over alleged pro-Iran stance El-Sisi meets Sultan Haitham in Muscat to discuss US-Iran tensions Turkey and Algeria launch strategic cooperation council during Tebboune’s Ankara visit Four killed, hundreds arrested in post-election violence in India’s West Bengal 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