Since FOMC last week we have seen price consolidate downward in this channel which boke overnight. The volume profile here adds some context to the price action, there is a gap from about 518.20-519.39, that sits below us. 521 is the major support below, 520.14 below that then the gap. Above, 522, 523, 524.11. Price is in this consolidation area which can be good but when that gap below fills price is headed to 515 just keep that on your chart.

1) 521 holds, target 522, 523, monitor continuation
2) Price consolidates 521-522
3) Below 521 target 520.14, 519.39, look for bounce here but mind the gap below

William Wallace