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The support is provided by the 86.4 percent retracement of an uptrend from $2,007 to $2,267. It still holds after two attacks by the bears. The bearish momentum could have dissipated and a decent bounce is due.
Wave pattern suggests the completion of a five-wave cycle. However, the wave 5 looks a bit too short compared to the wave 1. A break below $2,042 could signal the extension of the wave 5 towards $2,007.