Well from a technical standpoint, the weekly t/f is now down....

Well from a technical standpoint, the weekly t/f is now down. However, we are testing key areas and should catch a bid at these levels marked on the chart

If I was sitting on the sidelines I would 100% stagger buys at these levels down to 34.50, value area high (if we get the measured move - bottom end of the second grey balance box). I don't think this is the highest of probabilities but it is possible

To bring the weekly back into balance we need to wipe 53s, if that's the case and we get a weekly close above, then I would look for full rotation back to 78

The monthly is balanced (forming the balance area low as we speak) and the daily is balanced provided we don't take out 47.50

Anyway, nothing has changed fundamentally in my mind. I'm looking at this as an excellent buying opportunity....DYOR and good luck