The Financial Index has shown clear resistance at the 10 000 level last week. A close below 9800 would trigger the short idea with 1st target at 9500 and full target at 9000. Further pressure on the EM currencies and overall EM equities could put pressure on the short idea. Stop loss would be a close above 10 000.
Order cancelled:
Short idea never triggered and has gone sideways. Will wait for a better set up.