- trend is down
- this week is the 5th lower high lower low formation
- not once has the index closed above prev week highs
- any pullback is likely to get resisted around 24000 levels
- ATR(14) is 2200 or approx 11%
- this week is the 5th lower high lower low formation
- not once has the index closed above prev week highs
- any pullback is likely to get resisted around 24000 levels
- ATR(14) is 2200 or approx 11%
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