WILL WE MOVE UP OR DOWN ON MONDAY IN BNF!!!
In yesterday's post , i shared my biased for long, same happened.Gave you upper zone as target that is achieved today.Now see following conditions.
1) "Sentiments Reversing Area", is a zone where market should take support and move towards bear control area for long.This is the acid test for bulls to control.
2) If this is breached then get ready to new Low ,MY long view will change to shorts .
3) The white arrow is the range for next trading week.
4) If the market go for extention that would be the last wave of extension and would not travel too far.It would be the smallest to trap bears ,perhaps lower end of the green zone .
5) Always remember we can see control of the bear and bull , bit not the momentum of fall or rally.How much it would travel.
6)At this point of time, i am nuetral , will take decision ater opening that is supposed to open down on Monday.Rest in next post .Till then stay Home and Stay Safe.
1) "Sentiments Reversing Area", is a zone where market should take support and move towards bear control area for long.This is the acid test for bulls to control.
2) If this is breached then get ready to new Low ,MY long view will change to shorts .
3) The white arrow is the range for next trading week.
4) If the market go for extention that would be the last wave of extension and would not travel too far.It would be the smallest to trap bears ,perhaps lower end of the green zone .
5) Always remember we can see control of the bear and bull , bit not the momentum of fall or rally.How much it would travel.
6)At this point of time, i am nuetral , will take decision ater opening that is supposed to open down on Monday.Rest in next post .Till then stay Home and Stay Safe.
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