Dureing the weekend the index continued pushing higher, nearly touching the neckline. We can expect the index hitting this level. Afterwards we can expect a correction back towards the shoulder level.
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.
