NERVOUS AGAIN

Markets moved up quickly on opening & reached levels of app.2850...( strong resistance zone)which it could not cross ,and just started drifting down , finally collapsing from the top to 2750-2690 and lower 2670..Final Support lies in the area of 2640-30..break of which takes us straight to 2580-2500 zone and below. The selling and unwinding was heavy and , i will prefer a wait and watch policy for long or maybe wait for a bounce to short again.. Again a traders market today...Cheers..