- We last updated on the bar highlighted where we mentioned the probability favours the downside until Zone B is reached
- This is despite the temporary support provided at C
- Now that price has reached Zone B, we DO NOT immediately set off to buy at this level
- We want to see demand coming in at this area before buying.
- We note the December window dressing period (which if the market is weak it might just go to the region of Zone C, support turned resistance area)