A strong down day on Monday with a small profit-taking rally at the end of the day. On Tuesday we could either see an early morning rally or a continuation morning decline depending on where it trades in relation to it key inflection S/R level which is 2615 for Tuesday.
- Above 2615 implies the late day profit-taking on Monday is still in progress, targeting 2635-2640
- Below 2615 implies a continuation decline targeting 2600, then 2580-25-90. On a hard down-trend, next target below is 2570-2580
