• Confirmed Uptrend
• Uptrend resumption since Feb 08, 2016 after a pull back of -15.2%

• A spinning top candle with almost equal length upper and lower shadows
• Last week’s pivot point 2581.88; R1=2597.44, R2=2612.57; S1=2566.75, S2=2551.19; R1/ and S1 were breached
• A down week – first in last five weeks; second in last ten weeks
• Broke above a down sloping flag (2378.36) on April 24, which has bullish implications; first target is near 2520.00 and the second target is near 2640.00
• Broke above a down-sloping flag on November 14, 2016; first target of 2285.92 is achieved; second target is near 2467.50
• Last swing low, 2322.25, was the low on March 27, 2017
• Above 10-week EM; above 39-week SMA and 89-week SMA
• Confirmed uptrend

Daily

• A bullish engulfing candle; the gap created on November 9 still exists;
• RSI-14 divergence – on October 20 the RSI was 79.65 and the 2578,29, on November 8 the high was 2595.47 and the RSI was 72.50
• Last pattern, a down-sloping flag in June that was broken to the upside on July 13, is re-asserted
• Above 20-day EMA, which is above 50-day EMA; Above 100-day SMA and 200-day SMA
• Pivot Point=2582.33; R1=2590.17, R2=2595.51; S1=2576.99, S2=2569.15; R1 and S1 were breached
• Confirmed Uptrend

• Moving sideways around 20-Bar EMA; Drifting down since 10:00 PM on Sunday; the descending triangle has morphed into a channel
• Broken below an uptrend line since the low of 2541.50 at 12:00 PM on October 25; Sunday’s high was rejected at the broken trend line; the price has moved sideways since then
• Sequence of higher highs and higher lows since 10:00 AM on November 2 and since August 29 with few exceptions; another break below occurred
• At/below 50-bar EMA, which is at/below 20-bar EMA

• Near the middle of a horizontal channel – high near 2585.50 and low near 2571.50; within a higher channel between 2593.50 and 2563.25
• Broken below the lower limit of a horizontal channel / double top – high 2593.50 and low 2579.75; 100% extension is near 2566.00 is achieved, it was also near an intermediate support zone; the 161.8% extension is near 2557.50, which is the next target and near a support zone around 2550.50; getting rejected after breaking above the intermediate low of the double-top
• At/below a falling 20-bar EMA, which is at/below a falling 50-bar EMA

• Downtrend since 10:30 PM n November 12; sideways since 6:00 PM on November 13
• Near the lower bounds of the envelop (20 – 0.21%) and Bollinger Band (20 – 2 std dev); Bollinger band is flat
• At/below 20-bar EMA, which is at/below 50-bar EMA

1. Consumer Discretionary
2. Consumer Staples
3. Materials
4. Finance
5. Utility
6. Heath Care
7. Real Estate

1. Energy
2. Industrials
3. Technology