The constructive D break line held today, and prices made it to the D012 MLL SP to D-1 which was shown yesterday on the hourly chart making pivot c-2 at 1260.17 which is where the REANALYZE is moved down to, as if the SL for shorts, where yesterday's break of 1225.70 was the second entry.
So lightly above yesterday's expected range.
Today's range is projected within the centi support and the blue triangle outline.
Tomorrows expected range is an early low to make m-1 with a high at the intersection of c0-1-2MLU and d345MLU making the lower high at 1251.02 which is the third entry.
A break of 1246.75 will be confirmation on the D fractal of W-4, and it is expected to make m-2 to put us in the third wave down on the 4th test of support, so a milli -1 and -2 will insure the drop straight through. centi support is at 1232.39. If this holds we can expect it to form a subwave here to provide the energy to break this support on the 24th. Being wave 3 expect prices to cycle to c0-1-2MLL to and test d-1 support at 1225.81 as this is the most common wave, and should be complete in 3 days with a target around 121o.
On a break of 1246.75 move the short SL to the days high.