downtrend starts at 9855 ---- stop loss will be 9905 ---- tgt 9717-9680
The diamond top and bottom are reversal patterns. It represents a rally to a new high with a drop to a followed by a rally to make a new high and a quick decline, breaking the to make a higher low. The bounce from the higher low is then followed by a rally, but making a lower high instead. Once this behavior is identified, prices then break the connecting the first and second lows and start to decline further.