We are clearly experiencing momentum!
What do I mean by this?
The Monthly has setup to close in 1 more trading day (Friday March 30)
We have a lot of activity including some extended wick to the downside and when we look at the weekly time frame although we have a small green candle... the overall trend is still looking to make moves lower towards the 23250 price over the next couple of weeks. My expectation would be to see the market trading down closer to this level by the middle of April 2018 (Friday 13th)
If this week's Friday Daily closes it increases the probabilities of our sell significantly... the anticipated move is about 1000 points below current price action but you can see which areas I am considering within the range very clearly identified by the eclipses :)