Targets hit. 1W Head and Shoulders completed/Confirmation needed

TP = 12,100 hit as the 1D Channel Down (RSI = 31.146, MACD = -146.100, Highs/Lows = -253.3571, B/BP = -407.1202) made a 11,882.0 Lower Low. This was very close to our final 11,877 target so that short has been closed manually. We are now expecting confirmation to short further, which will be validated if the March 26th low = 11,706.5 breaks (in which case TP will be 11,500). Until then, there are more chances to rebound (TP = 12,100 - 12,180) as firstly the Monthly Channel Up is near the Higher Low zone (RSI = 49.305) and secondly the key global indices are near 1D supports.