Starting from the weekly timeframe as we enter a new week, price made a weekly rejection of 32940 and we could see a sell off. Moving down to the daily timeframe price rejected 32409, this a rejection candlestick because at some point in time buyers held price above this zone but then sellers took over and made price closed below 32409. Which you could look into a lower timeframe (4hr and less) to take a position and target 31842 as long as price maintains below 32409 zone . (you always want to start from a higher timeframe, then you can execute trades off lower TF, practise top down analysis).