So inspite of a 1300 points RUN UP from the Bottom Last Night..... why is it that the DJIA is almost at a halt?????? It is very simple if you understand what is happening..... This chart is LIVE as I write .
Look at the 78.6% fib..... it is acting as a resistence ..... PRICE is reacting here and NOT WANTING TO GO UP. So what next ???? If it doesnt go up..... it will want to come down to the 61.8% level.
I am a SCALPER and I take my trades based on the 1st 5 minutes candle...... I know in 5 minutes EXACTLY where the market is headed. If any of you want to understand how???? You can call me on 9366831223.... My name is DEEPAK GUPTA. This will have to be explained over the phone and not on a write up. Please call me anytime from now untill 8 am.... or after 4 pm untill 5 pm. Thankxx.
BTW.............. I dont ever use any indicators