The first chart is a Weekly chart; looks likely its finishing up on closing the window left on a gap down to the $20.00 level. Auto Bailout did not pass and I believe there may be more uncertain in the market and the markets always retest the lows on way or another. Indicators are in a downtrend, as you can see in the Daily chart.
The second chart is a Daily chart; as shown it is currently in a downtrend, I believe Fri was a blowoff of the Auto Bailout not passing and a lot of traders did not want to go into the weekend long or short. The WhiteHouse will have some of the earmarked Financial Bailout package money to be used for the Automarker.
