Strong Bearish Signal:
The price demonstrated a huge drop supported by the large institutional volume and swallowed the previous upward correction, which shows the weakness of buyers.
Volume Zones:
We have to highlight an important level of support 1785.50, which contains the large volume . The price is currently testing this mark.
Sentiment:
This indicator shows that 71% retails traders are in long positions, which is a good additional signal for us (trading against the "crowd").
https://d.radikal.ru/d17/2109/7e/f72b771d6f93.png
Consider Short Positions:
Given all these factors, we may regard a breakdown of the support level , which will consent us to open short positions. The breakdown move must be keen and supported by the large volume , which will be a more precise signal for entering the market. A stop loss may be placed above the breakdown volume bar.
Profit Potential:
Approximately 300 points.

To learn more about order flow based volume trading, sentiment analysis and trading against the retail crowd see the educational article below -