For the last number of weeks, I’ve written that “one can not force analysis upon choppy, unclear market structure. Sometimes (this is that time), the correct decision is to do nothing and await clarity.” The drop below 93.50 eliminates the bullish triangle count and leaves us with the bearish count in which the decline from 101.50 is a series of 1st and 2nd waves. Former support in the 93.50-94.00 zone is now resistance. Bears are favored against 97.00.