Bounce from 38k-39k highly likely

A lot of confluence between:
a) trend lines
b) Fib levels
c) market structure

If this doesn't hold, next reasonable level is 33-34k for a bounce. But to be honest, if we get to that level - its such a significant break of market structure that any bounce is for selling.

Below 33k, game over folks (for at least 18 months).

Chart PatternsTechnical IndicatorsTrend Analysis

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