The index has breached the rising trend line, still bears to be patient and see another daily close below 8894 (100% Fib) before shorting.
RSI has breached the channel formation on the downside, which suggests increased odds of a pull back in the index.
Support at 8700 could be put to test in case the index stays below 8894 on Monday.
RSI has breached the channel formation on the downside, which suggests increased odds of a pull back in the index.
Support at 8700 could be put to test in case the index stays below 8894 on Monday.
