Bear Trend has not ended. Shorttearm corrections will happen. I expect recent pullback to go on. However non of these will take us above 7k. The Low is probably not in. This is a very possible scenario I will keep an eye on.
Comment:
210 Weekly avarage should hold only after catipulation. We will go below it first. Volume is not there to end the beartrend. The weekly RSI should spend more time in the oversold area.
Comment:
Panic has just started it has not ended yet.