Following on from my last post - 3450 also gives sense as to why we were using 3940 as our last support level.
I was trying to understand why we were using 3940 as a base instead of 4000. With a 3450 target, 3940 (when combined with the 4400 bounce high) makes sense.
Sounds too easy. Wait and see I suppose.
PS: Bounce high was actually 4404 which gives a target 3472 - a little closer.
Following on from my last post - 3450 also gives sense as to why...
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