I think we rally today even if there's a pullback first in the morning. The larger structure has held overnight and the doom and gloom rumors of the weekend will probably shake off quickly. 3770 should be a good target - high enough to convince bears to cover shorts and high enough to give bulls some confidence to go long. After that I'm not sure, so I have two paths I'm watching. If they can break 3800, a test of 4k is possible (green path) If not, a lower low again at the structural trendline is possible (yellow path). Good luck!
Note
if a pullback 3600ish should be support Note
support area reached, let's see if it's a bear trap this time. Note
So far support has held Note
Downtrend broken on futures, would like to see that hold as well now. Note
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.