- Harmonic Pattern formed - Bullish BAT pattern
- Potential Reversal Zone (PRZ) - 2120
- The index made a low of 2068 and slightly recovered from that level. Overall trend is still bearish as long as resistance 2120 holds.
- On the higher minor resistance is around 2104 and any break above targets 2110/2120 level.
- The index support is around 2072 (trend line joining 2047 and 2069) and break below targets 2060 (200 day 4 HMA)/2045/2038.
It is good to sell on rallies around 2100-2105 with SL around 2120 for the TP of 2061/2045.


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