I've tried three times to poke at the 2400 level, but never broke through, instead triggering a trident pattern. Once this shape appears, on an hourly basis it's just calling for exhaustion, wanting to pull back. As for when it will pull back and how deep, I don't know; I can only watch as it moves.


Now the price has already slipped below 2376. Remember, if three hourly K-lines can't climb back above 2376, then the pullback is basically stable. To truly fall, it must kick down the 2365 neckline; if it can't, that's just a false move.
Once 2365 breaks, 2343 is directly exposed. Moreover, there's an unformed M-head hidden inside the channel, with the neckline at 2343. Breaking the M-head means survival, and a deep correction will come, looking toward 2307.
Before breaking 2343, it will keep bouncing within the cage of 2376 to 2343, grinding until it becomes uncomfortable.
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