We have an impulse wave down, corrective wave up slowly which is exactly what I want to see. Price then stalled at the 50 fib level and we now have a H&S pattern in play. It is evident that 10700 - 10800 offers strong resistance as price has tested and rejected multiple times. A break of ascending trendline would accelerate any sort of downfall to come. With fear of a recession coming, could indices all go South? I'm strongly confident it will.
