Tested the trendline and is bouncing Technical picture remains bearish
Before retraced to 21535 the index was spotted with a bearish H&S pattern. The shoulders are spread between 22930 and 22946, indicating a near-term resistance zone established quietly. On the medium-term basis, supply zone remains between 23230 and 22946. By taking the H&S pattern into consideration selling on rise favors the near-term trend.
If we move to a higher time frame, on the weekly chart the index was capped with multiple tops spread between 24143-24260 levels.