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New high made, so no new low coming. Trying to gauge possible inflection points with no prior historical price action is tough. Curious to see if the Fib extension provides some possible inflection levels, to pull back to levels left untested below. Ideally, one should wait until a support level is lost (10500 before entering short).
Once price establishes below the move to the high, a down leg should follow. May take some time. Targets listed on the chart.
Lots of levels already tested on the smaller frames.