US stock market remains weak and with traditionally low volume eoy period we could see some market swings, nevertheless the trend remains bearish with a revist of the important support at ca. 3.7k very likely. We could also get a scam pump to 3.9k before, but then we could expect a reversal and a continuation of the downtrend. If 3.7k breaks things could go fast (3.6k and 3.4k as targets).
Comment:
Scenario number 2 seems to materialize, with a scam pump to 3.9k resistance. Second line around 3.7k acting as a magnet.