A quickie to take a close up view…
Yesterday’s low maintained a ‘higher low’ in a series of them off the August low.
So by this short-term view we can add the 260 area as a support area to this morning’s update. We used this area when managing a decline last week.
So 260 is considered a parameter to the lower levels and potential buy opportunities noted this morning. A hold of support at 260 keeps a rally continuation going.