A SELL Signal was triggered with the drop in price to the 17000 level.
Momentum has shifted back to it’s negative direction and indications are strong for a further descent this week.
This market will lead off the pack for Monday and isn’t the only Stock Index that’s giving signals to SELL on weakness.
As this is a daily chart giving these indications, we can expect the downtrend to last days and not hours as with intraday trends. – George