Weakness after the echo high and the 08 November projection for a high triggers some heavy selling and a probe below the important 2770 level before a buying surge into the close.
Declining resistance from the high is still active and this will likely produce some triangulisation in price whilst the market absorbs the recent bounce from 2600 and a decision is made for higher prices or a re-test of the primary low.
Be prepared for whatever is coming next, and trade with confidence:
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Disclaimer: This is the diary of a personal trading system, its methodology and the signals that it is producing. You are welcome to follow along but please understand that the information presented here is for educational purposes only. No recommendations are being made to buy, or sell stocks, options or futures contracts. Please consult your own financial advisor before making any investment decisions.