It's looking likely a possible retest of that trendline is likely from the previous drop point. I'd be careful putting all your eggs in one basket and expect it to move one way in a simple manner.
Retest of that trendline if it hits and rejects it would be the 4th rejection. Strong support has been located at 9400 regions which is a key level on the higher timeframes.
Retest of that trendline if it hits and rejects it would be the 4th rejection. Strong support has been located at 9400 regions which is a key level on the higher timeframes.
