Last week I was expecting a pull back (lower lows) for one or two days, but didn’t happen. Now, the index reached the last high (even overtook it few points).

19-02-2017_D

Now, that the index is at the old high (resistance), and after such a run it should have a pull back. So, watch on Monday the low at 5799 and if taken, the support should come at a blue trend line. In the short term if the index takes the high at 5833, I can’t see much higher than 5861 (the 61.8 Fibonacci extension, see the chart above).