This was the the second inside bar after the reversal day. So, this could be a consolidation (to continue down with strong momentum) or basing i order to reverse up. Soon we’ll know the answer.

If in the downside the index takes yesterday low of 5356 and more of 5338 (the reversal day)as a close, the next stop should be just under 5300 around 5285-5300.

If it closes above 5424 (the 200 MA) for one or to days it would be bullish.