Playing out nicely so far, needs to follow through with the reversal at around this level. B wave rallies are viscous in nature but as long as it holds below 25800 the path should still head lower to retest last weeks lows, and ideally break through to test the yearly pivots and the lower trend line of the broadening formation with a C wave down.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.