Update of Dax analysis: the index bounced off its first support line reaching the resistance line defining the C wave of the 4th wave movement. This bulls reaction is a positive sign that could indicate the uptrend may restart soon. Nevertheless, more confirmation is needed: the index should not fall below the mínimum marked this week, by all means. I propose a possible scenario with an IHS formation which, if confirmed above 11520, would trigger a buy signal to me. Let's wait and see.