I am truly confused !
( glad I have no positions open )
I understand the idea that 10,730 may be support, using price channel, etc, as per wellshots pic.
But, y'day, the talk was of a 150-pt drop. I would have thought thta 10,730 was a line-in-the-sand, that if it remained above, another sideways day. But a breach would confirm continued fall, with 10,730 becoming resistance.
I dont understand the BUY at 10,730 ! ( actually, I dont understand a BUY anywhere today. I would be looking for short-entries )
All of the above probably explains why I am still an amateur!!