As expected, it fell yesterday too. Today early morning, it has already started looking dangerous. Look at the chart. It is getting too close to the level 9890 which was tested two times. If it breaks… then that could be the beginning of the end…
As it stands now, the rest of the week may not be comfortable for Markets (Globally) at all.
This analysis is purely technical and no news breaks and US Data are considered, which may affect the complexion. Hence taking position on this view is at your own risk.
