Market Opening: Gap down Overall Structure: Downtrend Sentiments: Negative continuation Global Fear & Greed: 15% (Extreme fear) Decision: Probabilities of Trend Reversal Go for Short Covering, Short Buildup Levels::::::::::::::::::::::::::::::::::::::::::: Resistance: 16600, 16800 Average range: 16400-16500 Support: 16200, 15900 -------------------------------------------------- P.S: *Identify the zone, Follow the trend direction, Trade after trend confirmation. **Quotes for knowledge purpose only & Ideas are subjected to market risk.