The daily shooting star pattern still remains valid. Subsequent gap open gets filled in less than three days, confirming up move is not as strong. However, break of 3500 confirms inability to stay above the larger supply zone. Incremental longs look stale while Short (minor) can be initiated with stops 3608; a direct break 3500 activates the bear case. Sluggish momentum at higher levels is cause for concern to the bulls while break on strong momentum indicates deeper correction.
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