Events are running quickly! During yesterday and today before the afternoon both upward and downswing were completed! From one hand meaning that downtrend is steady (and correspondingly pointing to a high probability of downswing continuation in direction of support levels 1473.50 and 1458.75, watch the red arrow).
But from the other hand presence of full-scale downswing in the structure may let bulls rebound to the upside and break the last high (1495.00, watch the black arrow).
Local downward structure undergoes the stage of corrective upswing forming in direction 1492.92, where we have the most optimal mid-term area for sell-offs.
Growth in direction 1492.92 and then decline towards 1480.54.
Shorts from 1492.92 to 1480.54.