Around the World, Indice Derivatives are the highest traded contracts.
Understanding the Indice's formation is more important to trade them.
90% of the Global Indices are Capitalized weighted and to understand their formation, we need to go deep in to the mathematics to reconstruct the Indice based on allocated weightage of the stocks.
The Primary advantage of...
Some what i am not convinced with this move , I am looking one more deep move down form this level
One can look for consolidation phase to complete , usually they will enter consolidation before dropping
once when it reached 1st target put the stop to some profit and wait for next development if cracked heavy then stay with it
it will move down for next level