If we bounce from here, then I will view it as a (1)-(2) setup to the downside for wave C of ii. This would allow for the C-wave to stretch down toward the .618 retrace at 2830 before bottoming, which sets up good confluence with the fibs for wave iii of (c) and various larger degree fibs. 2860 - 2864 ES is resistance for a wave (2).
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