i read many post to get ready to short the market , Hence i am giving my humble views
In the chart here, i have shown 2 supports
1) Horizontal Support
2) Trend line support
Unless and until - these supports are broken - Never short this market
3) mac-d on weekly and daily time frame is positive
4) Price is above 200 ema
These are just my observations
Critics are welcome to criticize !!! :)
In the chart here, i have shown 2 supports
1) Horizontal Support
2) Trend line support
Unless and until - these supports are broken - Never short this market
3) mac-d on weekly and daily time frame is positive
4) Price is above 200 ema
These are just my observations
Critics are welcome to criticize !!! :)
hope the above weekly charts - and drawing of parallel trend lines gives more clarity