Looking at how price has moved higher sharply from the most recent lows, it appears as though profit-taking has started. Looking for price to enter the next short measured move. If price does, I will be looking to see if price can confirm a setup short for an entry and target down to 2626 - 2630 region. If price does move to the next 50% short area but fails it's 61.8% then look for a move into the all the way half way back from highs to recent lows.
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