2000 for me is the Min for next week. 2200 -> 2300 -> 2000 So far the weekly range is about 200-500 Pts 400 / 200 / 500 / 200 / 600?
No one has any solid idea if the market is going up or down from current levels by end of the month. Let alone what level they will be at. The trend is down so the odds favour down. But it is not a given.
Once it breaks 2300 and easy drop to 2150. Free fall is possible below 2000 this week. I believe if circuit breakers kick in again numerous times this week they may actually shut the exchanges which would be completely wrong to do so. I have a feeling if heavy selling persists this week we will get a market shutdown which would cause more panic, I say keep open and let the markets decide price action. Stop interfering for just once!!!!