NIFTY on edge of a SQ9 breakdown on weekly charts

NIFTY today if gives a weekly close below 24330 then that would trigger a (SQUARE-OF-9)  breakdown on its weekly CHARTS.
since NOVEMBER,2023 NIFTY-SPOT have maintained the BULLISH shape of its SQ9 pattern hens markets have successfully managed to continue with its
BULLISH trend,
since OCTOBER,2023 low NIFTY has been moving in a upward rising channel which currently have its lower edge below 24010 on its weekly charts.

this channel consists major PATTERNS like SQ9 and HEXAGON.
So even if NIFTY breaks the SQ9 PATTERN today or on next FRIDAY  that still wont be sufficient to reverse the structural BULL MARKET.
thats going to break only below a weekly close under 24010 on spot.

so as long as 24010 is holding the legitimate argument of a medium term uptrend will continue to persist.

Now for short term as i discussed earlier holding Mondays low markets globally are going to stay fine.

and thats what actually happenned.

for next week 13th,aug is going to be a key cycle date.

but the most significant date on time front would be on 19th,August.