SP gets a chance to correct for further gains

٢٩ ديسمبر ٢٠١٦2270 resistance is not broken and the index is sold yesterday and a strong daily bearish candle is formed. MACD cross and RSI indicates there is some more room to go down. but be careful as overall trend is still bullish. In the short term, any pullback should give a chance to sell now targeting 2200 level but longer run, we should look to buy on deeper pullbacks. For the moment we are bearish