Pre-close View… Last, but not least.

Corrective bounce may be complete.

The 2095.00 target’s break puts into play one more objective at 2082.00. It’s substantially lower, so it wasn’t likely to be met in one effort. In fact, support at 2091.00 was very influential, launching a bounce to 2103.00.

Breaking under 2098.00 would resume the decline. Breaking lower is likely since the bounce leg was the first reaction up from the previous trend’s extreme, and has corrected only 50%. Also, simultaneously oversold RSIs at the low require a retest.

Currently a bounce is attacking 2102.00. Its recovery could quickly become a wildfire of short-squeezing. Regardless, retesting today’s low and resuming the decline remains likely, whether or not done today.