Every one will initiate shorts around this level 60 to 62..
So please be extra cautious if biggies run out all short stops @62.5
Other wise good to enter the short set up as the weekly RSI is turning oversold
Sorry..Its not oversold..its overbought.Typo mistake :-)
No panic..weekly RSI still in over bought condition!
SL 63.5 Triggered.
Weekly RSI still in over bought condition! All retail traders out of the game..lets wait and see!