is approaching our resistance at 1308.29 (horizontal pullback resistance, 61.8% Fibonacci retracement
, 61.8% Fibonacci extension
) where a strong drop
might occur below this level pushing price down to our major support at 1299.48 (61.8% Fibonacci extension
, 38.2% Fibonacci retracement
, horizontal pullback support).
is also approaching resistance and seeing a bearish
divergence where we might see a corresponding drop
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