$LA is pulling back into a healthy retracement zone after a previous run. Sellers are weak and volume is declining, often a precursor to a bounce. Support is seen near 0.260 with resistance around 0.295. EP around 0.262–0.270 offers a solid entry window. TP at 0.292 first and 0.330 for extension. SL below 0.248 avoids structural damage. Short term traders can play rebounds. Long term bias stays bullish above 0.30 with confirmation.
#WhoIsNextFedChair #MarketCorrection #USGovShutdown