Dislikedwhat does your chart tell you?Ignored
my tells me constantly: what goes up, must come down.
The spike up this afternoon to 3992 should have clearly complete retraced. But it did not. This signals, that the downmove at noon till afternoon was no new trend but a mere correction in the uptrend.
Had this downmove been a new downtrend, it had clearly challenged 3886 in the first move.
I am sitting on the sideline, but ready to jump in when market blinks.