The market is going through a period of due to upcoming rises. Traders should see this as a profitable opportunity. The risk/reward is great. The market sentiment is the same now as it peaked the last time in January, and a reduced, but still relevant correlation to the chart topping action in December. From a long term point of view, as has been covered a number of times by traders, the market is way over valued and ready for a correction. First target is about 17754 with a stop loss above the last high.