This is my first index analysis but we will continue with the same method.
First, the price formed a SHS pattern and the price is returning to the trendline/resistance so we are waiting for the price to bounce back and head into a bearish trend or wait for the rupture and confirmation of the change of trend.
If RSI crosses 70 level we should expect a buy
First, the price formed a SHS pattern and the price is returning to the trendline/resistance so we are waiting for the price to bounce back and head into a bearish trend or wait for the rupture and confirmation of the change of trend.
If RSI crosses 70 level we should expect a buy