Market closed on Jun 19 with a Volume Imbalance on 1D (between 1D candle of Jun 18 and Jun 19). This Volume Imbalance might act as a POI for the market to further go down towards 4120 level.
First TP should be Daily Swing Low, around 4123 and if we see 4123, its highly likely that the market might go further down this week towards 4024.
WHEN IS A BULLISH STRUCTURE SHIFT EXPECTED ?
If the market closes above 4250-4270, where there is also a 4H Bearish OB, with a displacement towards upside (till 4290~4300) and again comes back to retest this 4H Bearish OB (which will then act as a bullish Breaker Block), thats when we can expect the market to turn bullish ! Untill then , every pulback to the upside should be treated as an opportunity for the market to short!