After testing the 38.2% correction target at 2,335 we saw a break below the steep uptrend-line since the late 2008 low. We are currently back-testing this uptrend-line (blue), but we are also back-testing the red trendline, which defined the 2002 - 2007 uptrend, so we can expect very strong resistance here.Looking at the Stochastic Indicator it has turned down from overbought territory, which is a warning, that this resistance will not give away.
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