The obvious gap in the one that just occurred. This would be...

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    The obvious gap in the one that just occurred.

    This would be classed as a breakaway gap and will most likely never close, unless something terrible happens.

    No one can foresee how far the retrace will go.

    Roughly 50% retrace would put the SP around 16c. Therefore in my opinion, i believe 16c to 18c should be the support zone.

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