The index is on an important break out point on the 1D Channel Up as if 2,710 breaks then the pattern will go for a complete Higher Low swing at 2,675. With 1H oversold ( RSI
, STOCHRSI, Williams, CCI
), 5H on near exhaustion levels ( RSI
= 25.774) and 1D on very bearish
Highs/Lows = -48.5357, B/ BP
= -44.0520, we expect a price near 2,680 before any meaningful recovery. Short, TP = 2,675.