Avoid bottom fishing

23 thg 3, 2023

Index has broken trendline support. RSI negative divergence resulted in correction. RSI has broken recent low. Price has yet to confirm . Trend is still bearish. Bottom fishing should be avoided. Index can touch 25000. Minor pull back towards 29200-29500 can happen. Trend change will take place only on close abv 30500.

Disc : It's not an investment advise to buy or sell/