Last week high demand area 3913 - 4000 support came in, causing a retracement.
Possible Scenarios: 1) Test and reject 4056 breakdown area for short opportunity 2) Market rotate between 4056 and 3913 to exhaust demand before being able to resume downtrend
Weekly: Ave volume down bar close above middle = minor strength Daily: Low vol up bar close off high = weakness H4: Very high volume up bar close near low followed by high volume up bar closing off high = weakness
Price reaction levels: Short = Test and Reject | Long = Test and Accept