Just following up from my previous post.
Here's a 10 day chart. IMO it shows the failure to hold the 3600 (9 month channel bottom) and we should now push on down over the next week another 680pts (4280-3600) at least to the bottom of the next channel down at about 2920 (with 3260 as halfway stopping point perhaps). Though I'm expecting a spike down from 2920 to about 2800 as the low.
Anyway that's my explanation for what's happening at the moment.![]()
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