ACCORDING TO ME TRENDLINE IS VALID WITH THREE TOUCHES IT CONFIRMS THE SUPPORT ABOVE THAT WATCH THAT: THERE IS A HIGHER HIGH AND HIGHER LOW FORMATION GOING ON THE INDEX A DIP BEFORE BIG EVENTS ARE GIVING US AN INDICATION WHERE THE MARKETS ARE MOVING I DONT WANT TO SPECULATE ONE CAN GO INTO THE EVENT BY CREATING A VOLATILE OPTION STRATEGY BUYING A STRANGLE IN OPTION INDEX SAME OPTION AVAILABLE ON THE BANKNIFTY