Our daily trade moved 930 points to reach our 2nd anticipated zone, before downside pressure kicked in. We are still anticipating downwards momentum for our weekly sell. We would like to see a break of the support zone (red line on weekly chart) before downward momentum takes over.
The anticipated break of the trend line triggered our sell for 2500 points. Price is currently supported by the existing trend line, and we will wait for a break before considering another down move.