Daily Bars

Prepared by Jamie Saettele, CMT
I’m looking towards the 2012 low at 7741 and late December pivot low at 7650 (also the 161.8% extension of the 8471-8061 decline). Trendline supports are at about 7650 and 7550 this week. The downside is favored below 7823 towards 7650. Exceeding that level would shift focus 7900 and 7975.
LEVELS: 7972 7900 7823 7740 7650 7550