The window that has been opened on January 12th has been closed on 24th January already. This rise has been retraced on February 2nd. Then we saw a Reversal island. The small candles yesterday and today so far are indicating that we are fighting to build a bottom now. On top there are no real resistances. The former bottom of January 3rd had been broken on the 12th January already and may be seen as a hurdle but not as a high one. So if we van consolidate at the present levels there may be room until 124 at least.