Another heavy sell-out to send us down to a low of ~1000; expect critical support to occur at this zone with rejection possibly sending us towards 850-750 range.
Next long-term trendline has been indicated to show potential lows with transition transpiring very shortly to provide a second layer of support.
Assumed resistance is at 1150 with upper long-term trendline as a high point unless we see a recovery.
New triangular pattern shown in blue.
Next long-term trendline has been indicated to show potential lows with transition transpiring very shortly to provide a second layer of support.
Assumed resistance is at 1150 with upper long-term trendline as a high point unless we see a recovery.
New triangular pattern shown in blue.
