not to say we dont go higher, 3589 is pretty normal. i expected 3589 last week and earlier with disappointment. we are close atm, thats just normal even if its still bearish. both bears and bulls want 3589. this is just one smaller setup within some larger norms. besides this one is 373x and another at 3832. neither has retraced and neither has to be reached. in the 373x one is a near month pp and a year close. nobody knows what will happen. anyway the trend lately has been lower and has consolidated in the past week +. so for me in the 3589/3676 area i will look for bearish tendencies if i see any. the um for 3102 is 3600 so if it would be bearish. i would expect a candle to open 3601 ish and close 3502 or better -3494. even if this would happen and we made it all the way to a LL below 3510. i would not be surprised to see 3589 again, after a LL, before a nice drop. the atm high is 3587..
those who can, do. those who cant, talk about those who can