There is a strong break out level to consider and that is the 3,230 Support. Even if the Channel Up breaks lower, if that holds, then the uptrend can be extended. If however 3,230 breaks, then selling make escalate to a -6.80% drop , similar to the one in July 31st - August 5th 2019. The pattern has certain top making similarities.
If that condition is met, then we will set a downside Target Zone of 3,130 - 3,110.
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