The FLD for 3.3yr cycle is 2800 area moving to 2825-2850 next week. While a violation would be a major negative if sustained, the FLD more likely will be a major source of support. Combined with prior lows 2825 area, I believe 2850-2825 should be a place to cover shorts, and on proper TA signals potentially take some initial longs.
Oddlot
Stay on the right side of the cycle!