A bounce as strong as the one from $14.80 could extend towards $14.60-1/2, as suggested by a falling channel.

The bounce could be labelled as wave d or a part of wave c. Both wave modes indicate a steady downtrend from $15.31-1/2.

A break below $14.48-1/2 could open the way towards $14.36-1/4.

On the daily chart, the contract found a support in a zone of $14.42 to $14.44-3/4, which triggered a bounce.

It is not very clear how strong the bounce would be.

The retracement analysis on the uptrend from $13.80 reveals a limit of $14.64-3/4.

A break below $14.42 could confirm the continuation of the downtrend towards $14.20.