Monday's oil-driven bounce from the 49.33 weekly open topped at the 51.26 Monday high and fully reversed in Tuesday's Asia-to-London slide to a 48.60 week low on the Iran strike headlines. A sharp rebound into the London-NY transition was rejected at the 50.55 Tuesday high, just past the 61.8% retracement, and JOLTS and Factory Orders beats kept a lid through NY hours. Price now hugs EMA(20) just under psych 50, with RSI(14) back near 50 and the lower-highs line intact.
Support: 49.333, 48.851, 48.599
Resistance: 50.547, 51.26
What it said to watch
H1 close above the 50.55 Tuesday high breaks the lower-highs line and opens the 51.26 Monday high
Acceptance below the 49.33 weekly open exposes the 48.85 Friday low and 48.60 week low; a close below 48.60 extends the lower-low sequence
Repeated failure at psych 50 keeps the fade from the 61.8% fib level in play
Midterm results overnight, then ADP 13:15 UTC and ISM Services 15:00 UTC Wednesday, could materially shift this read
Lower highs and lower lows since Wednesday; tight range around EMA20 after a faded spike.
Silver has printed lower highs since Wednesday's 54.60 peak. Monday's oil-driven bounce stalled at the 51.26 monday high, and Tuesday's Iran-headline selloff through Asia and London set a fresh week low at 48.60. A London-NY transition spike to the 50.55 spike high was rejected, and the beat in JOLTS kept the fade going under the 50.00 round number and EMA(50). Price now sits on EMA(20) near 49.71, above the weekly open, with RSI(14) in the mid-40s.
Support: 49.71, 49.333, 48.599
Resistance: 50.00, 50.547, 51.26
What it said to watch
Hourly close back above the 50.00 round number and EMA(50), near the 23.6% of the Wednesday-Tuesday decline, would put the lower-highs trendline and 50.55 spike high in play
Failure to hold the weekly open at 49.33 exposes the 48.60 week low and the 48.47-48.87 yearly-low zone
A break above the 51.26 monday high would end the lower-high sequence
Midterm results overnight, then ADP (13:15 UTC) and ISM Services (15:00 UTC) on Wednesday, could materially shift this read
Lower high at 50.55 under 51.26, lower low at 48.60; chop below ema20.
Monday's NY-session pop to the 51.26 week high was fully reversed Tuesday. Asia and London drove a slide to the 48.60 week low that briefly undercut the Friday low, as reported US strikes on Iran revived inflation and hike bets. The early-NY rebound to the 50.55 bounce high retraced about 73% of the drop but faded after the JOLTS and factory orders beats, leaving a lower high; price now sits near the 38.2% fib, just under EMA20 at 49.69, with the late-NY low at 49.37 holding above the weekly open and RSI(14) back near 47.
Support: 49.33, 48.85, 48.60
Resistance: 49.69, 50.55, 51.26
What it said to watch
Hourly close above the 50.55 bounce high breaks the lower-highs trendline from the 51.26 week high
Failure to hold the 49.33 weekly open exposes the friday low at 48.85
Close below the 48.60 week low confirms a fresh lower low and ends the false-break read
Midterm results overnight, then ADP 13:15 UTC and ISM Services 15:00 UTC Wednesday, could materially shift this read
Lower highs and lower lows; Tuesday rebound capped at the lower-highs trendline.
Silver has printed lower highs since Wednesday's 54.60 peak. Monday's oil-driven bounce to the 51.26 week high was fully reversed through Tuesday's Asia and London sessions as reported US strikes on Iran revived inflation and hike fears, setting a fresh week low at 48.60. The rebound around the London-NY transition stalled at 50.55 (tue high) on the lower-highs trendline and faded after the JOLTS and Factory Orders beats, leaving price below the ema20 near 49.68, under the 38.2% of the Mon high-Tue low fib, and sitting on the weekly open at 49.33 with RSI(14) near 39.
Support: 49.33, 48.85, 48.60
Resistance: 49.68, 50.55, 51.26
What it said to watch
Hourly close above the 50.55 tue high and the lower-highs trendline breaks the lower-high sequence
Failure to hold the weekly open at 49.33 exposes the 48.85 friday low
Break below the 48.60 week low confirms a lower-low into the 48.47-48.87 yearly-low zone
Reclaim of the ema20 near 49.68 would shift the read toward a retest of 50.00-50.55
US midterm results overnight, then ADP (13:15 UTC) and ISM Services (15:00 UTC) on Wednesday, could materially shift this read
Lower highs since Wednesday; marginal lower low today.
The lower-highs line from Wednesday's 54.605 peak still holds. Monday's oil-driven bounce stalled at the 51.26 week high, and today's NY-open rally to the 50.547 day high was rejected at the same line once the JOLTS beat revived hike bets. Earlier, the Asia-to-London slide on the Iran/Qeshm headlines briefly broke the Friday low at 48.85 to a 48.599 week low before price reclaimed it. Price now sits just under the EMA(20) near 49.73 and below EMA(50) at ~50.21, with RSI(14) back near 43 and the 38.2% retrace of the week's drop (~49.62) directly underneath.
Support: 49.333, 48.851, 48.599
Resistance: 49.73, 50.547, 51.26
What it said to watch
H1 close below the weekly open at 49.33 exposes the Friday low at 48.85
Close back below the 48.599 week low turns the false break into a fresh lower low
Reclaim of the 50.547 day high breaks the lower-highs line; 51.26 week high is the next reference
Midterm results overnight and Wed ADP (13:15 UTC) / ISM Services (15:00 UTC) could materially shift this read
Lower highs and lower lows; false break of Friday low, bounce faded under EMA(50).
Monday's NY-open pop to the 51.26 monday high reversed through Asia and London today. A lower low at the 48.599 week low briefly undercut Friday's 48.85 as Iran-strike headlines revived inflation and Fed hike bets. The first hour of NY produced a sharp bounce to the 50.547 bounce high, about 73% of the Monday-high-to-week-low leg, which poked above EMA(50) near 50.21 and was faded after the JOLTS beat, leaving another lower high on the trendline. Price now sits on EMA(20) near 49.74 with RSI(14) back to ~48 from ~23 at the low.
Support: 49.58, 49.333, 48.599
Resistance: 50.21, 50.547, 51.26
What it said to watch
Failure to hold the 49.58 pullback low exposes the 49.33 weekly open
Acceptance back below the 48.60 week low resumes the lower-low sequence
Hourly close above the 50.55 bounce high breaks the lower-highs trendline and opens the 51.26 monday high
US midterm results overnight and Wed ADP (13:15 UTC) / ISM Services (15:00 UTC) could materially shift this read
Lower highs intact; fresh week low, then a lower-high rejection at the trendline.
Lower highs from last week's 54.605 peak through Monday's 51.26 week high remain intact. Tuesday's Asia-London slide on the Iran/oil headlines undercut the 48.851 Friday low to a 48.599 week low, but RSI(14) bottomed near 23 against 20 at Friday's low, a modest bullish divergence. The NY-hours bounce stalled at the 50.547 day high, right on the lower-highs trendline just above the 61.8% fib of the Monday-Tuesday drop, then faded on the JOLTS and factory orders beats back to EMA(20) near 49.74, still below EMA(50) at 50.23.
Support: 49.333, 48.851, 48.599
Resistance: 50.23, 50.547, 51.26
What it said to watch
H1 close below the 49.33 weekly open puts the 48.85 Friday low and 48.60 week low back in play
Acceptance above EMA50 at 50.23 and the 50.55 day high would break the lower-highs trendline
A move through the 51.26 week high invalidates the lower-highs sequence
US midterm results overnight, then Wednesday's ADP (13:15 UTC) and ISM Services (15:00 UTC), could materially shift this read
Lower highs and lower lows; sweep of Friday low then rejection at trendline.
Tuesday's London-session slide from 50.60 took out Friday's 48.85 low to a fresh week low at 48.60, as reports of US strikes on Iran revived oil and inflation fears. A sharp rebound into the NY open retraced about 73% of the 51.26–48.60 drop to a today high of 50.55, which tagged the lower-highs trendline from Wednesday's 54.60 peak, then faded after the JOLTS and Factory Orders beats. Price now sits just above the ema20 near 49.76 and below the psych 50.00 level and EMA(50), with RSI(14) at 47 and the lower-highs sequence intact since Monday's 51.26 week high.
Support: 49.76, 49.333, 48.599
Resistance: 50.00, 50.547, 51.26
What it said to watch
H1 close above the 50.55 today high breaks the lower-highs trendline and puts the 51.26 week high back in view
Failure to hold the ema20 and the 49.33 week open exposes the 48.60 week low; a close below confirms another lower low
Repeated caps at the psych 50.00 level, near the 50% retracement of the 51.26–48.60 drop, keep the downtrend structure intact
US midterm results overnight, then ADP at 13:15 UTC and ISM Services at 15:00 UTC on Wednesday, could materially shift this read
Lower highs and lower lows; rebound capped at descending trendline.
Monday's oil-driven bounce from the 49.333 weekly open capped at 51.26 (monday high). Tuesday's London slide printed a fresh week low at 48.599, sweeping Friday's 48.85 low, and a sharp rebound in the first hours of NY then stalled at 50.547 (session high), right on the lower-high trendline from last Wednesday and near the 78.6% retracement of the Monday–Tuesday drop. Price has eased back to the 50% retracement near 49.93, holding above EMA(20) at 49.74 but below EMA(50) at 50.17, with RSI(14) back in the mid-40s after the oversold dip.
Support: 49.74, 49.333, 48.599
Resistance: 50.17, 50.547, 51.26
What it said to watch
JOLTS at 15:00 UTC (f/c 7.13M) lands on the current bar and could materially shift this read
H1 close above the 50.547 session high and the lower-high trendline breaks the descending sequence; the 51.26 monday high is the next reference
Failure to hold EMA(20) at 49.74 and the 49.333 weekly open would put the 48.599 week low back in play
US midterm results from ~23:00 UTC and Wednesday's ADP and ISM Services could reset this structure
Lower highs since Wednesday; false break below Friday low reversed.
Silver has printed lower highs since Wednesday's 54.60 peak. Monday's bounce stalled at the 51.26 Monday high, and Tuesday's Asia-to-London slide undercut Friday's 48.85 low to a 48.60 week low as renewed Iran-strike reports lifted oil and Fed-hike pricing. A two-bar surge into the London-NY transition turned that into a false break: it reclaimed EMA(20) near 49.77 and EMA(50) near 50.29 and retraced ~69% of the 51.26–48.60 leg. Price is now testing the falling trendline at the 50.55 session high, with RSI(14) back near 59.
Support: 50.00, 49.77, 48.599
Resistance: 50.547, 51.26
What it said to watch
Hourly close above the 50.55 session high and the falling trendline opens the 50.86 Tuesday high, then the 51.26 Monday high
Slip back below the 50.00 round number and the ema20 near 49.77 would leave the rebound as another lower high in the downtrend
Loss of the 48.60 week low resumes the lower-low sequence
JOLTS and Factory Orders at 15:00 UTC, then midterm results overnight, could materially shift this read
13:04 UTC
Downtrend, oversold bounce under way · RSI 46 · price 49.56
Lower highs since last Wednesday; new swing low Tuesday then sharp rebound.
Silver has printed lower highs all week, from 54.60 last Wednesday to the 51.26 monday high. Monday's oil-led rebound was fully unwound in Tuesday's Asia-to-London selling after reports of US strikes on Iran. Tuesday's 48.60 swing low undercut the friday low at 48.85 before a sharp bounce ahead of the NY session reclaimed the weekly open at 49.33. Price is now stalling just under the ema20 near 49.65, around the 38.2% fib of the Monday–Tuesday drop, with the 50.00 psych level above that and RSI(14) back in the mid-40s.
Support: 49.333, 48.851, 48.599
Resistance: 49.65, 50.00, 51.26
What it said to watch
H1 close above the ema20 and 50.00 psych opens a deeper retracement of the Monday–Tuesday drop toward 50.85
A break above the 51.26 monday high would break the lower-high trendline
A return below the weekly open and the friday low at 48.85 re-exposes the 48.60 swing low
JOLTS at 15:00 UTC today and midterm results overnight could shift this read; ADP and ISM Services on Wednesday are the larger risk
12:04 UTC
Downtrend, oversold but still extending · RSI 34 · price 48.927
Lower highs and lower lows; Monday's bounce failed below 51.26.
Silver has printed lower highs since Wednesday's post-Fed spike to 54.605, with Friday's slide through 52.00 to the friday low at 48.851 the dominant leg of the window. Monday's NY-session bounce on softer oil met rejection at 51.26 and was fully unwound through Asia and London today on the Iran strike headlines, setting a fresh tuesday low at 48.599. Price sits below the weekly open and the ema20 near 49.56, though RSI(14) bottomed near 27 at the lower low versus a sub-20 reading on Friday.
Support: 48.851, 48.599, 48.47
Resistance: 49.333, 49.56, 50.00
What it said to watch
Hourly close back above the weekly open 49.333 and the ema20 near 49.56 (close to the 38.2% fib) would interrupt the lower-high sequence
Acceptance below the tuesday low 48.599 exposes the 48.47 ytd low cited in the news
A move through the round number 50.00 (50% fib of the Mon high–Tue low fib) breaks Tuesday's lower-high structure
JOLTS and Factory Orders at 15:00 UTC, then overnight midterm results, could materially shift this read
Lower highs from 54.37; Monday's 51.26 rally fully reversed to new week low.
Monday's oil-driven bounce from the 49.33 weekly open stalled at 51.26 early in the NY session. It was fully unwound from the Asia session into London today, with the Qeshm strike reports reviving the hike-premium drag. Price undercut the 48.85 Friday low and printed a 48.60 week low. It now sits beneath a falling ema20 near 49.63, which aligns with the 38.2% retracement of the Monday-Tuesday leg. RSI(14) is pinned in the high-20s, but the lower-high sequence along the descending trendline remains intact.
Support: 48.851, 48.599, 48.47
Resistance: 49.333, 49.63, 50.00
What it said to watch
Hourly acceptance below the 48.60 week low exposes the 48.47 ytd low cited in the digest
H1 close back above the 49.33 weekly open and ema20 (~49.63) would mark the first break in the lower-high sequence since Monday
Round number 50.00 and the 50% fib near 49.93 cap any rebound; rejection there keeps the downtrend read
JOLTS and Factory Orders at 15:00 UTC today, then midterm results overnight, could materially shift this read
Monday's NY-session bounce to the 51.26 monday high came as oil slid on US-Iran diplomacy signals, but it met rejection below the lower-highs line from last Wednesday's 54.61 peak. Tuesday unwound it from the Asia session into London open on reports of US strikes on Qeshm Island, slipping through the 49.333 weekly open and the 48.851 friday low to a 48.599 week low. Price sits below both EMAs with RSI(14) near 28, oversold but showing no divergence on the latest low.
Support: 48.851, 48.599, 48.47
Resistance: 49.333, 50.00, 51.26
What it said to watch
H1 close below the 48.599 week low brings the 48.47 ytd low into view
Reclaiming the 49.333 weekly open and then the 50.00 round number, near the 50% fib, would mark a deeper retracement of Tuesday's drop
Recovering 48.851 friday low and holding there would turn Tuesday's break into a false break
JOLTS and Factory Orders at 15:00 GMT today, then ADP and ISM Services Wednesday, could materially shift this read
Iran/oil headlines remain an unscheduled driver; a close above the 51.26 monday high breaks the lower-highs sequence
Monday's oil-driven squeeze from the 49.33 week open peaked at 51.26 during NY hours. It stalled below the descending trendline off last Wednesday's 54.61 high, between the 38.2% and 50% retracements of the post-Fed selloff. Tuesday's Asia session and London open have unwound the entire bounce on reports of US strikes on Iran, taking price through the 48.85 Friday low to a fresh session low at 48.66, well below EMA(20) with RSI(14) near 21 and oversold.
Support: 48.664, 48.47, 48.00
Resistance: 48.851, 49.333, 50.00
What it said to watch
An H1 close back above the 48.85 Friday low would turn the break into a false break; acceptance below the 48.66 session low puts the 48.47 yearly low and then the 48.00 round number in focus
Recovery through the 49.33 week open and the 50.00 psych level is needed before the descending trendline near 50.65 comes back into play
JOLTS at 15:00 UTC and overnight midterm results could materially shift this read; oil and Iran headlines remain the dominant driver
Lower highs from Fed-day peak; price retesting Friday low.
Silver has printed lower highs since Wednesday's 54.605 Fed-day peak, and Friday's NY-session slide set the 48.851 friday low. Monday's de-escalation bounce stalled at the 51.26 monday high, a rejection just above the 38.2% retracement of the fed-day drop. Tuesday's reversal on the Qeshm strike reports ran from Asia into London open and erased the bounce, putting price back under the 49.333 weekly open and EMA(20) near 49.89 as it retests the friday low with RSI(14) near 28.
Support: 48.851, 48.47
Resistance: 49.333, 49.89, 51.26
What it said to watch
H1 close below the 48.851 friday low confirms a lower-low and brings the 48.47 yearly low into view
A hold of 48.85–48.97 plus a reclaim of the 49.333 weekly open and EMA(20) would frame a double-bottom attempt
A recovery above the 51.26 monday high breaks the lower-highs sequence and the 38.2% cap on the fed-day drop
JOLTS at 15:00 UTC today and overnight midterm results could materially shift this read
Lower highs intact, Monday's rally fully retraced into the week low.
Monday's oversold bounce from the 49.33 weekly open stalled at 51.26 in the first hour of NY. Closes there were capped at the 38.2% retracement of the post-FOMC decline from 54.61. The Asia session then reversed the whole leg after reports of US strikes on Qeshm Island revived oil-driven inflation fears, taking price back below the weekly open and EMA(20) with RSI(14) near 31. The Oct 30 week low at 48.85 is now the nearest reference, and the lower highs line from Wednesday's 54.61 peak remains unbroken.
Support: 48.851, 48.47
Resistance: 49.333, 49.99, 51.26
What it said to watch
Failure to hold the 48.85 week low confirms a lower-low and exposes the 48.47 yearly low
An H1 close back above the 49.33 weekly open would mark the Asia drop as a retest rather than a breakdown
Recovery through EMA(20) near 49.99 and the lower highs line is needed to bring the Monday high at 51.26 back into view
JOLTS at 15:00 UTC, midterm results and US-Iran/oil headlines could materially shift this read
Lower highs from the Fed-day peak; price back at prior-week close.
Silver has printed lower highs since the Fed-day spike to 54.605 and slid to the 48.851 Friday low. Monday's NY-session bounce on falling oil stalled at the 51.26 Monday high, near the 38.2% retracement of that drop. Asia-session selling on the Qeshm strike reports has since erased the bounce, pushing price below the weekly open at 49.333 and EMA(20) near 50.10, with RSI(14) down to about 25 and price sitting just above the prior close at 49.118.
Support: 49.118, 48.851, 48.47
Resistance: 49.333, 50.10, 51.26
What it said to watch
Failure to hold the 48.851 Friday low confirms a lower-low and brings the 48.47 yearly low into view
H1 close back above the weekly open at 49.333, then EMA(20) near 50.10, would mark the Asia drop as an overshoot
A reclaim of the 51.26 Monday high breaks the lower-highs sequence from the Fed-day peak
JOLTS at 15:00 UTC and overnight midterm results could materially shift this read
Monday's oil-led bounce from the 49.33 weekly open met rejection at 51.26, just above the 38.2% fib of last week's 54.60–48.85 sell-off. That leaves a lower high in the lower-highs sequence. Monday's rising trendline gave way as Qeshm strike reports revived energy-inflation and hike fears in Tuesday's Asia session. Price is now below the ema20 near 50.23 and EMA(50), with RSI(14) near 24 and the Oct 30 low at 48.85 back in view.
Support: 49.33, 48.85, 48.47
Resistance: 50.00, 50.23, 51.26
What it said to watch
H1 close below the 49.33 weekly open exposes the 48.85 Oct 30 low
Break of the Oct 30 low opens the 48.47 yearly low
Recovery above the 50.00 round number and the ema20 at 50.23 would ease the downtrend read; the Monday high at 51.26 marks the lower high
JOLTS and Factory Orders at 15:00 UTC, plus overnight midterm results, could materially shift this read
Lower high at 51.26 capped near the 38.2% retrace of the week's decline.
Monday's bounce from the weekly open at 49.33 met rejection at the 51.26 monday high during NY hours, just above the 38.2% retrace of the post-FOMC slide from 54.61 to the 48.85 week low. That leaves a lower high in place under the trendline off Wednesday's peak. In the Asia session, reports of US strikes on Qeshm revived the oil-inflation bid for USD and sent silver back below the ema20 (~50.30) from the 50.86 asian high, with RSI(14) near 34 and price now testing the monday low at 49.56.
Support: 49.561, 49.333, 48.851
Resistance: 50.305, 51.26
What it said to watch
An H1 close below the 49.56 monday low exposes the 49.33 weekly open and the 48.85 week low
Reclaiming the ema20 near 50.30 and then the 50.86 asian high would neutralise the Asia-session fade
A break above the 51.26 monday high and the lower-highs trendline invalidates the lower-high read
US midterm results through Asia/Europe and JOLTS at 15:00 UTC could materially shift this read
Iran/oil headlines after the Qeshm strikes remain the main swing factor for USD and silver
Lower highs/lower lows from 54.61; corrective bounce rejected near 38.2% fib.
Silver fell from 54.61 after Wednesday's FOMC to a 48.85 week low on Friday, a steady run of lower highs and lower lows. Monday's oil-driven bounce stalled at the 51.26 Monday high, just above the 38.2% retracement of the Wed-Fri decline. Through Tuesday's Asia session it faded from the 50.86 Asia high on the Qeshm strike reports, breaking the Monday trendline. Price now sits below EMA(20) at 50.41 and EMA(50) near 50.69, pressing the 50.00 round number with RSI(14) at 42.
Support: 50.00, 49.33, 48.85
Resistance: 50.41, 50.86, 51.26
What it said to watch
H1 close below the 50.00 round number exposes the 49.33 Monday low, then the 48.85 week low
Recovery above EMA(20) at 50.41 and the 50.86 Asia high would negate the Monday trendline break
A close above the 51.26 Monday high and 38.2% fib invalidates the lower-high read
US midterm results, JOLTS at 15:00 UTC and Qeshm/oil headlines could materially shift this read
Lower highs from Wednesday; Monday rebound capped near 38.2% retrace, testing rebound lows.
The hawkish post-FOMC slide ran from 54.60 Wednesday to a 48.85 low Friday. Monday's rebound from the 49.33 week open, helped by falling oil easing hike fears, peaked at 51.26 into the London-NY transition, close to the 38.2% retrace of that leg. Since then price has slipped back below EMA(20) near 50.45 and EMA(50), and Tuesday's Asia session has printed a 50.18 Asia low on the rebound-lows trendline, with RSI(14) back below 50.
Support: 50.18, 50.00, 49.33
Resistance: 50.45, 51.26, 52.36
What it said to watch
Hourly close below the 50.00 psych level and the rebound-lows trendline would confirm the bounce has failed and put the 49.33 week open back in play
Recovery above EMA(20) and the 51.26 monday high, near the 38.2% fib, would reopen the 52.36 breakdown zone
JOLTS at 15:00 UTC and overnight US midterm results could materially shift this read
Lower highs from 54.605; Monday bounce capped at 51.26, now compressing near EMA20.
Silver's post-FOMC slide ran from 54.605 to a 48.851 low Friday. Monday's oil-led bounce from the 49.333 weekly open reached a 51.26 high early in the NY session, then met rejection just above the 38.2% retracement at 51.05. Price has since slipped back below EMA(50) near 50.81 and is compressing around EMA(20) at 50.48, with RSI(14) back to ~49 and the NY low at 50.389 holding through the Asia session.
Support: 50.389, 50.00, 49.333
Resistance: 50.811, 51.26, 52.407
What it said to watch
H1 close above the 51.26 monday high reopens the 51.73 50% level and the 52.41 fib 61.8 retracement
Loss of the 50.389 ny low and the 50.00 round number turns focus back to the 49.333 weekly open
A break of the monday higher lows trendline would undercut the bounce structure
US midterm results overnight and JOLTS at 15:00 UTC could materially shift this read; ADP and ISM Services follow Wednesday
Lower highs intact; higher low off 48.85, Monday spike rejected below the 38.2% fib zone.
The Wednesday-to-Friday selloff from 54.60 bottomed at the 48.85 week low in Friday's NY session. Monday's bounce came as oil slid and ISM prices paid undershot, and it spiked to the 51.26 monday high at the NY open. That spike was rejected just above the 38.2% retracement at 51.05, and price has since faded back below the ema50 at 50.82. Price now sits at 50.64 above the ema20 zone near 50.40, where rising support from Friday's low converges. RSI(14) has reset to a neutral 53, while the broken base around 51.95 caps the structure above.
Support: 50.40, 50.00, 48.85
Resistance: 50.82, 51.26, 51.95
What it said to watch
H1 acceptance above the ema50 (50.82) and the 51.26 monday high would shift the read from corrective bounce toward a test of the 51.95 broken base
Failure to hold the ema20 zone and rising support near 50.40 exposes the 50.00 round number
A break below the 48.85 week low resumes the lower-low sequence
US midterm results overnight, JOLTS Tue 15:00 UTC, then ADP and ISM Services Wed could materially shift this read