Analysis:
Structure is still bearish and that close is not optimistic for bulls. I have added a minor resistance which will serve as a short opportunity. Options close is neutral – despite bullish flow dot we have extreme bearish sentiment.
Strategy Status:
Trend following: short 4408 (Sept. 17)
Pattern: minor resistance/key resistance
Other Markets (updated around 18-19 NY time)
*Analysis for the next day are usually published before 18:00 NY time
**Current day analysis is available for premium subscribers. Free members can view historical blog posts.