A drop to test the previous high at 14 200 is expected. A new high would invalidate this view.
Only a definitive break below this level would validate that a major top has been made and that the index could drop all the way down to the bottom of it's expanding triangle.
Only a definitive break below this level would validate that a major top has been made and that the index could drop all the way down to the bottom of it's expanding triangle.