Observation
1) Trendline - Downtred - BEarish
2) Formed lower low- Bearish
3) MACD - Formed 4G1R and bearish
4) RSI - going to break below 30%
5) Sto - bearish crossover and heading towards 20% ( Bearish)
6) ADX - weak momentum and bearish
7) Candle Stick - Black Candle
Conclusion
Lets wait for all the sign to be bullish that is when this index will rebound up for another positive round
Entry Price 12400
Resistance at 12866
Support at 12085
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