From severely oversold conditions a relief rally could continue before the next leg down.
Trade active:
4hr outside bullish candle closing above my support of 12000.75 and the upper Bull flag TL.
Trade active:
12000.75 resistance turn support and vice versa is important.
Trade active:
correction on resistance turn support 12700.75 not 12000.75
Trade closed: stop reached:
stop @ 12681.25 with a breach of up TL and below 12700.075 support on 15-minute bar