Perhaps you could be right as a temp support but not final on the lower orange .618 line around 4440 amybe that will be the bottom of the intraday wave 3 that I said might get to 4350, perhaps 4350 will be the final low in that case.
will just have to keep counting til something makes sense.
As always this is amateur opinion only.
harmonic pattern trader- weekly update4th june, page-23
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