Index shows downward momentum. Be cautious. China may spread another contagious economic infection again.
It is visible that bears are charging at every bounce. Bulls are getting frustrated. However don't underestimate the current power of bulls. They are strong enough!
The range is strong as the mentality of participants getting narrowed. Waiting for an obvious breakout.
Best time to exit. Exiting now.
Is it an inverted flag pattern?
POSSIBLE BREAKOUT??
Respective or irrespective Trendlines? A downtrend can be seen.
(BASED ON WEEKLY CHART)