S32 is sitting on a trendline that has supported price since March 2020 lows. It needs to put a reversal here. However, there are 2 trendlines acting as resistance for price, price has also formed a symmetrical triangle which can break either way. The price to watch is the low of 26 September, if price goes below it then bulls would be forced to surrender and let the bears have an upper hand for several weeks.