As foreseen, price retested the daily lows and went down at the low of the 4H range. In order to create an inverse head and shoulder, I would like to see the price move down below the black dashed line (3.3 T) and close below it, creating the head. Then I would like the price to push back up towards the 4H neckline (3.44T). And retest back the 3.3T.
Continue to act with caution : we are still in a bearish trend. If somewhere down the line there is a lack of confidence in the market, price may reverse quickly. Remark : the index did not correct the one impulsive bearish candle yet, not even after 14 days. Bulls try, but are not convincing yet.
