What to do here? Watch these lines! 🤔

No, the index didn’t trigger any buy sign, and it was a complete failure today, thanks to the advanced breakdown we talked about yesterday.

In addition, it almost hit our target at 13,430! The chart looks weak, and there is no meaningful sign here.


We identified the advanced breakdown yesterday, in the 4h chart (just look at my previous analysis), and it seems it’ll keep falling.

It still can hit the 13,430, but if the next candle closes above the 13,610, we might see a good movement here, maybe to the 13,700 again. Only time will tell.

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See you soon,
Melissa.