The market continued to sell off as I was suspecting to make a lower low at 2114. Prices rallied back to erase most of the losses for most of the day but the pattern continues to be bearish as there is bearish nested 1-2. If bulls can push prices past the 2145 level then the bearish set up will be invalidated, if not then there is more selling ahead.
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Short Term Trend = Bearish
Medium Term Trend = Bullish trend being challenged
Long Term Trend = Bullish