The analysis tracks an ABC structure on the daily chart, noting the market is under pressure in the short term despite moving higher. The momentum isn't as aggressive as expected for a third wave, with an ABC structure unfolding. Confirmation is awaited to confirm the B wave bottom. Focus is on understanding key pivot levels, including a support area that sustains the move upward. If micro-support levels break, scenarios will be adjusted. Deeper wave two is a next scenario if the levels break and a third potential test down to between 110 and 133.50. The short term chart shows breakout above trend line and retracement. If five wave movement, lowest in is not formed yet and a 174.20 to 165.94 is the next support zone. Break above 190.25 means we've bottom but still be flexible.