Bearish Scenario
A sustained move under 1954.80 will indicate the presence of sellers. Taking out 1927.20 will indicate the selling is getting stronger. This could trigger a further break into the main bottom at 1908.40, followed by the main 50% level at 1889.70.
Bullish Scenario
Overtaking 1954.80 will signal the presence of buyers. If this move creates enough upside momentum then look for a potential surge into the short-term 50% level at 1981.70