The aggressive april downtrend seems to have found a support at the 75.50 psychological level, flattening its last 2 impulses and failing to establish another lower low. This may foreshadow a change in momentum or a simple exhaustion. Notice that it did not make another higher high, so this may only be valid if that previous high is broken. Once it does, I will consider a buy position as valid. Also, marketcycle-wise, this may be an accumulation period.