Prices made a lower low as expected and could see one more bearish wave to complete a 5 count tomorrow. Arguably, the structure could have been completed today at 2064.10 but it would look much better with another wave to test the 2050 level. The market is oversold at this point and could see a strong counter-rally once a bottom is found. I might take a long position near support in expectations of a Trend Average test.
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Short Term Trend = Bearish
Medium Term Trend = Bullish
Long Term Trend = Bullish