Potential Bounce to ResistanceA rally to test resistance near the 20-day average at $4,072 remains possible if Tuesday’s $3,886 low continues to hold as support. A move above today’s $4,030 high would indicate an advance toward the 20-day line is in progress. Today’s brief attempt at a daily bullish reversal marks the first pullback to test the 20-day since Monday’s sharp breakdown, which saw a weak close near the day’s low.Breakdown SignificanceMonday’s decline not only fell below the 20-day line but also ...

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