34,950 (Greenline) is our megaphone resistance today. If can break over 34,950 we could rally back to wedge support at 35,250. I doubt we break out but i always like to have a pivot ready. Yesterday was the start of that dead cat bounce i mentioned in my previous post, Today i think is the climax of that bounce.
If it rejects on the megaphone, the correction continues with the next leg taking us down to 34,322
If it rejects on the megaphone, the correction continues with the next leg taking us down to 34,322
