🐻: Bears are looking to continue the sell-off into the supply zone. Bears will look to drive prices to close below the 3,050 area where prices are likely to go to the 2,800s with the possibility of seeing 2,200. Also, if the bears fail to keep prices down and we get a retest of the down trend they will look to form a third lower high and push the price back down and through the supply zone. 

🐂: Bulls are looking to buy at the supply zone and push prices through the bear trend line. If bulls see this trend line break prices will most likely push to the break out point where they will need to stabilize price above the breakout point. If this action takes place new highs will most likely follow shortly. 

🐻= bear consensus 🐂=bull consensus