Resist: 1754.40*+, 1770-1776.70
Supprt: 1735.00, 1728.30-1724.40, 1707.60*
Comment: The market is still in a bear trend, but last week’s rallies puts trade against key 1754.40* resistance. Posting a close over 1754.40* signals rallies to the recent downturn gap at 1770-1776.70 and chance to test against the last swing high. If trade backs off from 1754.40*, then look for a slip to defensive congestion in the 1730.30-1707.60* range. A close under 1707.60* is needed to recapture bear trend forces.
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