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The stock market recently encountered resistance at the 18,400-500 level, hindering its upward momentum. Alongside this resistance,the market displayed bearish indicators, including a failed attempt to surpass its all-time high and a negative crossover intheRSI.Astrong bearish candle emerged on the index chart, following a series of narrow range candles.The RSI, a popular momentumindicator,exhibited a negative crossover. This indicated that selling pressure outweighed buying pressure.This reversal pattern, coupledwiththemarket's inability to surpass its own all-time high, signaled a potential shift in sentiment. If the support of 18200-18100 is brokenthenthe sentiment will turn completely bearish for the day .Traders can use the 18,400-500 level as a reference for potential reversals. Clearing this resistance may indicate a bullish continuation, while struggling to surpass it could validate the bearish bias.

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