The index has started a decent move downward. Right now, a solid short entry setup is forming. The price is near strong resistance, reversal patterns are emerging, and the overall market context supports a short position.
The first target is 5675.
In an optimistic scenario, we could reach 5400.
The first target is 5675.
In an optimistic scenario, we could reach 5400.
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Disclaimer
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.