Perhaps the drop from 7400 to 6200 was a wave (1).
So maybe we are in a wave (3) related to that impulse.
Question is whether wave (4) retrace much at all.
Drag up on the price axis to magnify and better see the overlapping prices on the support zones.
As usual, lets see how this plays out.
Close up would not be surprised by a bull trap exactly 4044 or a wee bit higher. But it it breaks and is then held as support on pullback, I will re-evaluate
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