The daily midline resistance is pretty clear, and it hasn't been able to break above for three days. The upper Bollinger band is dropping by 1100 points every day, and it will hit 72700 by tomorrow. We're mainly watching for the direction after Wash's speech; that should give us some clarity. So this bounce might only reach around 71000, and in a week, it could drop to 67000. If it can't rally quickly, the longer it drags on, the more it favors the bears.
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