All indicators on higher time frames are oversold, and pointing up, however if we dont manage to break 6260 today, we should be heading down to 5880 and if it doesnt hold 5300 as our next support. On the other hand if we do manage to break 6260, we are good to go to 6380 and if we close daily at this level, we can expect 6940 to come in play in next 2-3days and then down again.
Trade active:
We got our first short target at 6270, next one should be at 6310. We have still one hour till daily closes bulls needs to close this above 6300 to stay bullish for next few days but eitherway we're going down after we do some short squeeze here. Load up your shorts!