The market is currently in a range after declining from the resistance zone.
It is presently testing the psychological resistance at 2000.
The market rebounded from the resistance zone and upper border of the descending channel.
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I anticipate that the market will continue to range around the 2000 level.
Given that the price action has already rejected this level twice, the market may decline again if there is no change in the trend.
My target is for support at around 1974.
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