Wednesday Feb 5

Not a huge bounce yesterday and still looking for stabilisation of the oscillator, perhaps a early warning  buy signal from the CCI. It appears that gann line 3 may be holding, and a move below the grey boundary is often a good buying level. Caution is a good tactic after such a fast move down.

Short term Buy above 1772 which could target the mid at 1813, major support at 1720-30. a bounce at 1705-10 would be a good buying opportunity. A move below 1700 and there is real trouble.

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