June 17th candlestick chart

Today, the 17th, is a sharp decline market.
The break point of 38,300 has been quickly broken downward.

As we can clearly see that a rapid decline could occur if it breaks below 38,000, it is advisable to be cautious with long positions. If it breaks below 38,000, buying may return, so we need to see if that movement can continue.

Since the demand and supply have not improved and have not been able to exceed the previous high, it is expected that selling pressure will emerge even if there is a slight rebound from here. Please be careful with selling PUT options.