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The pullback was too strong, causing the structure to fail. Good morning, everyone. The neckline around 91,000 was directly broken through yesterday. Even with the release of the core PCE, there was no boost. Although the short-term rebound trend is maintained, according to the 1-2-3 rule, it is considered a failure. Pay attention to the recovery situation on Sunday; rebounds can still be shorted.
Short around 89,500, add to shorts around 90,000-90,500, target 88,100. If the momentum is strong, target 87,000.
Short around 3,050, add to shorts around 3,070-3,080, target 2,980. If the momentum is strong, target 2,850.