In addition to last week's analysis, the index started a sideways correction to correct the last bearish move from one of the expected support levels at 3530 and peaked at the last week's session after achieving the biggest bullish candle since July 4-10, predetermined for a time reversal, The index failed to reach important resistance levels at the short term 3618-3625 before retreating to lose 3600 at the end of the week and closing at 3591 at the 50-day average.