As explained on chart.
Would suggest a staggered investing method for portfolio addition and Swing trades.
Long Entry price 180-185
SL Lifetime Low 177
Target Open! Swing traders can exit at Targets 200-210
I personally feel that the budget on Saturday is going to give a nice boost to energy stocks and such infrastructure/power driven stocks. Starting Addition as soon as bounce from falling support trendline crosses the 1/1 fractal on Fibb Fan.