Prices jumped early in the morning only to sell off in the last hour of trading. The pattern lines up with a 5 count that will end up making a lower low in the next day or two. And as I said couple of days ago, a test of the 2050 support level would be ideal for the count to finish and then have a rally to test the declining Trend Average. I will go long if I see the 5 count complete and will be using support as my stop.
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Short Term Trend = Bearish
Medium Term Trend = Bullish
Long Term Trend = Bullish