Short term stop hit at 1968, and closed below, indicating the possibility of a deeper correction.
It looks like we did have a momentum peak on July 3.
Note that momentum peaks are often 65-66 days apart and a re-test will sometimes follow to set up a steeper decline.
If we recover from here I would expect to see a re-test of 1985, perhaps even a strike at 2000 towards the end of next week for July expiration.
Otherwise a decline to 1940 may be on.
Lots of rising support lines in the 1950 area, so benefit of doubt still on.
