A new week is ahead of us.
Here are Mondays levels.
We will be using 98 - 2000 as our bull bear zone today. A break above this and buyers could take us to the breakout of the balance from last week at 2026. However we may see responsive sellers at the 08.75-10.75 area. A good setup would be needed to short here. If buyers do take us into last weeks range expect to see sellers at 33-35 and finally 45-47.
The downside scenarios as follows. If sellers hold us below the bull bear today we will be expected to continue our value transition to 1970's. However buyers can still be active at support zones 81-82.5, 74-76 and finally 67.5 to 69.50 which should cap selling if we get down there on the day time frame.
Have a good trading day!