Price went down after hit 4875.0 and in the descending channel . At the 3 marks price went down and up quickly. The area is the neckline of H&S pattern and it has strong support.
Long: The day chart still in bullish , so wait for breakout the downtrend.
Short: If price break down the area and the close is under the area . I will wait for retest the resistance and break down again