Analysis is based purely on SPOT levels.
Going into 15th Feb, we are at a crucial stage.
Trend is down from 17700.
Positive above 17026.
Negative below 16782.
Long targets above 17026 are 17245/17354/17489
Short targets below 16782 are 16376/16238
If 16238 doesn't hold, we get drops of 400 points... 15835/15451
Finally, if 15336 doesn't hold, we get a drop of 1000/1200 points
Going into 15th Feb, we are at a crucial stage.
Trend is down from 17700.
Positive above 17026.
Negative below 16782.
Long targets above 17026 are 17245/17354/17489
Short targets below 16782 are 16376/16238
If 16238 doesn't hold, we get drops of 400 points... 15835/15451
Finally, if 15336 doesn't hold, we get a drop of 1000/1200 points