34,950 (Greenline) is our megaphone resistance today. If can break over 34,950 we could rally back to wedge support at 35,250. I doubt we break out but i always like to have a pivot ready. Yesterday was the start of that dead cat bounce i mentioned in my previous post, Today i think is the climax of that bounce.
If it rejects on the megaphone, the correction continues with the next leg taking us down to 34,322
Beyond Technical AnalysisSupport and Resistance

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