Was Today's Nifty Down Move Predictable?

https://preview.redd.it/3thiqhxf5k6e1.jpg?width=1920&format=pjpg&auto=webp&s=d36f314fc87c8d1b587df058358c42e592c5547d The Daily Swing Indicator, a reliable tool for spotting short-term market tops and bottoms, recently signaled a warning. While the Nifty made higher highs, the indicator formed lower highs, hinting at weakening momentum. Today’s sharp decline pushed the indicator to an extremely oversold level of 10, raising concerns. The Nifty is now re-testing the neckline of an inverse head and shoulders pattern—a key level for either a reversal or further decline. Will buying support step in, or is the Nifty headed for a deeper correction? This critical juncture could shape the market's next move. what is your own personal analysis?