If 3620 is lost in this battle EXPECT the Bears to have strength until 3500 ranges. I would expect support to begin at 3550 but not really hold until 3520. Possibly the real fight is then fought in the 3480 to 3525 ranges. Bulls do NOT want to lose this battle at 3480 IF that comes. A loss of 3475 down would be a time to EXIT and look to rebuild on the next bounce lower.
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Disclaimer
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.