We broke down again and tested the 104.5 region I had talked about yesterday. This breakdown was clearly impulsive. Near term I am looking for a retrace up to 106.3 to 106.7 area and then a continued break down after that.
The 20ma still has not crossed the 50ma on the BPSPX:CPC...so I am waiting before I commit more funds.
My updated big picture with the top already in.
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