Wait for a deep correction to at least 16250 level , which will be reached probably by the end of this year .
If the 16000 area fails to support price then we might see a significant bearish move that can reach as deep as 10000 , and generally on all US index futures I am anticipating at least a 20-25% correction which could even reach 50% downwards if we fail to find support.
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We are still bearish unless a daily close occurs above 20900
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