Published July 9th, 2008 - 06:23 GMT Al Bawaba There are 3 waves up from 95.72 so a top may be in place at 108.57.A cautious bearish bias is warranted against that level. Additionally, the 200 day SMA is acting as resistance and has since early June. LatestPopular Iran’s Supreme Leader appoints six top military commanders 74 killed as 7.4-magnitude earthquake devastates western Colombia Iranian president holds 7-hour meeting with Khamenei: Major discussion points Thief steals Kim Kardashian’s car at her Hidden Hills mansion Horrific video: Son attacks 85-year-old mother with stick in Turkey 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