This is an interesting point to gauge if the index will be able to consolidate and reverse to follow the previous uptrend. The indicators such as and momentum (not pictured) tend not to confirm any or scenario while the has a clear Sell signal from Nov 10th.
Should the index not stay above the 4715 support, the next supports are 4622 and 4415, as defined by .
Stay off the market if not holding any position. Long holders can take some profits with a view to potentially buy back lower at a later stage.