• Confirmed Uptrend
• December 2017 closed higher; index has been higher for the nine straight months; it has only one down month, March 2017, since October 2016
• Uptrend resumption since Feb 08, 2016 after a pull back of -15.2%

• The week ending on June 15 was doji with almost similar sized upper and lower shadows
• Last week’s pivot point=2777.62, R1=2793.51, R2=2807.36; S1=2763.77, S2=2747.88; No pivot levels were breached;
• An up week; fourth in last five weeks and seventh in last ten weeks
• Broke above a down sloping flag on April 24 2017;
  • flag-low was 2322.25 during 27-Mar-17 week; shorter flag-pole length is 317.19 and longer flag-pole length is 590.88;
  • 100% extension target of shorter flag-pole near 2639.41 is achieved; and the 161.8% extension target is near 2835.46
  • 61.8% extension target of longer flag-pole near 2687.41 is achieved; the 100% extension target is near 2913.13
• Broke above a down-sloping flag on November 14, 2016;
  • the flag low was 2083.79 during 31-Oct-16 week; the shorter flag-pole length is 202.13 and the longer flag-pole length is 383.71;
  • 261.8% extension target of shorter flag-pole near 2612.97 is achieved
  • the 161.8% extension target of longer flag-pole near 2704.63 is achieved; the 261.8% extension target is near 3088.34
• Last swing low, 2322.25, was the low on March 27, 2017; Last swing high, 2872.87, was during the week of January 22, 2-018; the low since the last swing high is 2532.69 during the week if February 5, 2018
• Above 10-week EMA; above 39-week SMA and above 89-week SMA
• Uptrend resumed

Daily

• A large red candle with no upper shadow and small lower shadow; 3-day evening star is emerging
• %K s below %D; made a small divergence on June 13 above 90
• At/below 20-day EMA; above 50-day EMA and 100-day SMA; above 200-day SMA
• Uptrend

• Declining since 10:00 AM on June 13 in steps; sequence of lower highs and lower lows broke at 8:00 PM on June 20;
• Break above a down-sloping flag didn’t last; made a piercing candle at 6:00 AM; at the upper limit of the flag after a brief drop near the lower limit on June 21
• RSI-9 rising from a low of 37.81 at 10:00 AM on June 21; above 50
• %K crossed above %D at 8:00 PM on June 21 from below 30 after making a bullish divergence
• Above 20-bar EMA; below EMA10 of EMA50
• Bias: Down-Side

• Uptrend since 3:00 AM in June 19 is under pressure;  broke below the uptrend line at 2:00 AM; broke the sequence of higher highs and higher lows since June 19; trying to break above a down-trend line form a high of 2785.25 at 10:00 PM on June 20
• RSI-9 mostly rising since 10:00 AM on June 21 from a low of 28..06; rising above 65
• Above 20-bar EMA, which is above 50-bar EMA
• Bias: Side-Up

• Bollinger Band (20, 2.0) is moving up 9:15 PM on June 21
• The band is narrow, relatively, since 9:15 PM; price mostly moving along the upper band
• RSI moving higher since 3:130 PM on June 21 from a low of 28.92 after a making a bullish divergence
• The Stochastic (9, 1, 3): %K is crossed above %D at 7:30 AM from below 30; %K crossing below %D at 8:15 AM from 100
• Bias: Side-Up

1. Consumer Staples
2. Utility
3. Real Estate

1. Consumer Discretionary
2. Energy
3. Materials
4. Industrials
5. Finance
6. Technology
7. Heath Care
8. Telecom