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Good news is exhausted, and the range is pulling back. Good morning brothers, yesterday morning I suggested to brothers to go up around 91900, then use the 334 ratio to hang around 93500, 94500, and 95500 for the bounce, both ways. Old A's confidence in the end of the good news is just a matter of grasping.
The formation of an M-top between 91700-94500, with a 1:1 measurement, suggests that the pullback bottom is around 88900, and the sideways consolidation and rally point is around 90100. So we should focus on the support level near 90,000. Intraday trading, just rebound and bounce.
Around 91500 for bounce, supplement bounce near 92000-92500, watch 90500, strong support at 89000.
Bounce near 3280, supplement bounce near 3320, watch 3172, strong support at 3100.