As we see in this chart, we are near the supply in control zone in weekly timeframe. Also we can see weakness in the uptrend behavior and the RSI Divergence is the key signal.
I think the situation for this Index is short At least in H4 timeframe.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.