The structure on the left made during the bullrun is acting as a support on the recent break down. Currently I am neutral on what is happening next. But if it breaks the red diagonal and manages to closes above quit a bit we might see regained upward pressure. If it fails we will stay in consolidation for a while and might see some more downward pressure... good luck everyone!
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I would say need a close above 2950 at least to be confident enough to have sustained upward pressure
