Compared with the 06:17 update, price tested the 61.8% retracement area and pulled back to 4044.46 by 10:19 New York time. The 4028.12 downside objective remains pending. The chart shows no breach of 4070.90, so the displayed iv/C recovery and bearish continuation scenario remain active. While price stays below the invalidation level, downside remains favored toward 4028.12, with 3989.04 and 3975.63 as lower chart targets if selling extends.

Compared with the 06:17 update, price tested the 61.8% retracement area and pulled back to 4044.46 by 10:19 New York time. The 4028.12 downside objective remains pending. The chart shows no breach of 4070.90, so the displayed iv/C recovery and bearish continuation scenario remain active. While price stays below the invalidation level, downside remains favored toward 4028.12, with 3989.04 and 3975.63 as lower chart targets if selling extends. Summary: Trend: Bearish | Wave Structure: iv/C recovery; downside projected | Support: 4028.12 | Resistance: 61.8% retracement | Targets: 4028.12, 3989.04, 3975.63 | Invalidation: 4070.90

Summary: Trend: Bearish | Wave Structure: iv/C recovery; downside projected | Support: 4028.12 | Resistance: 61.8% retracement | Targets: 4028.12, 3989.04, 3975.63 | Invalidation: 4070.90