We are still looking for more downside but we could bounce along the way. The longer term target is the low 1020s. As of now, a break of 1047 takes us our first target of 1043 but there is a bit of support in between that could lead to what appears like chop but is actually expected. We will continue to try to capture as many points as we can on the way down, if it makes it.

See Comments for updates and actual trade entry and exit recommendation times and points.

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