We need the Big Dog to move away from this low with some velocity in the near term. Yes, we've established a strong level of support; all the more troubling should we break it. If we do... likely target for next support is down to $3,860. I'm long but stops are being inched up... I'll feel much better about a new high this month when we're back above $4,500.
Tip for the day; never trade without protection...