After the impulsive down move from last week i do expect a reserval in case we will reach point D from here, in case it happens i expect at least a 50% retrace from AD.
In case the price will stabalise just below point D and rest there for a while i would not short D anymore because often it just breaks. In case it will break i do expect a re-test for either enter a long or remove the short.
Bulls want to do business at higher levels from here.
17500 is on the radar!
imho the bigger picture weakens if this thing falls below 13000