Reasoning for short:
4196 is an intraday support/resistance level. Price managed to rally within the price channel, but does not test the broken support at 4179 for resistance. It also marks the break of the trend line, so a retest is highly likely. 4142 is the BE level.
Either short at above levels, or look to go long from 4179
4196 is an intraday support/resistance level. Price managed to rally within the price channel, but does not test the broken support at 4179 for resistance. It also marks the break of the trend line, so a retest is highly likely. 4142 is the BE level.
Either short at above levels, or look to go long from 4179