Big dump from 3015 and now retracing that dump, it'll retest the structure, fail and drop.
Once it begins to drop, depending on market sentiment it could floor to 2800 or bounce at 2850 support.
After ~2 days consolidation from the point it hits, it will fly up to resistance and test for the third time with a breakthrough.
Shorting the bounce then longing the bottom.
Once it begins to drop, depending on market sentiment it could floor to 2800 or bounce at 2850 support.
After ~2 days consolidation from the point it hits, it will fly up to resistance and test for the third time with a breakthrough.
Shorting the bounce then longing the bottom.
