ASI - 90 days since 19th August, 52 declines and 38 increases.

ASI's present down trend started on the 19th of August 2015. This painful fall has now lasted for exactly 90 market days. During this period on 52 days the market has declined, while in 38 market days it had increased. Presently the market is taking support at 6800, which is important to hold. Before this the market had failed 5 times to hold on to support levels and trended down. If the 6800 is going to be the level at which the trend change takes place, then 7000 points could be tested in the short term.