Yesterday, support was maintained near 69K, which is the first rebound from the 76K decline. Currently, the rebound strength is weak, with rebounds expected at 71K-72K before continuing downward.
The blue support line below - if touched again, there are concerns it may not hold. This trend line (69K) has been tested 4 times previously; the more times it's tested, the weaker the support becomes.
If 69K breaks, watch for 66K and 63K below. If 69K breaks, it can basically be confirmed that 96K was the top of this decline structure.
Aggressive short consideration: 71K-71.5K, Conservative short con
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