18600 breached with put OI buildup
18700 seems to be holding as a resistance for now, with call OI buildup
market seems to be consolidating before making strong moves, could be because of fed policy today
if markets react negatively and start bearish price action on Monday, we may see a head & shoulder pattern playing out
If markets breach 18700 on monday,...
Lower bollinger band challenged at daily timeframe, RSI, ADX, Stochatic & MACD support bearish trend.
Price at crucial support, if goes below and sustains could give handsome reward.
