Easy comes, easy goes.
Stronger optically, weaker in price. Extremes do the trick, so far so good.
The fall yesterday despite the fact it just matched our understanding the path that was shown.
With broader market, both global cues and results, the fear and risk off is huge!
Back to the big picture, the Five waves ended, the corrective abc in operation, we are as we label it now in wave C. Wave 5 was a diagonal. Reasonably confirms the path.
Now we are in impulsive wave of corrective wave C. Ideally back towards the 46400 area.
Nothing much to glee, one wishes and hopes we don't go deeper.
Supports 46800 -46600-46380
Supply 47400-47650-47900
Stronger optically, weaker in price. Extremes do the trick, so far so good.
The fall yesterday despite the fact it just matched our understanding the path that was shown.
With broader market, both global cues and results, the fear and risk off is huge!
Back to the big picture, the Five waves ended, the corrective abc in operation, we are as we label it now in wave C. Wave 5 was a diagonal. Reasonably confirms the path.
Now we are in impulsive wave of corrective wave C. Ideally back towards the 46400 area.
Nothing much to glee, one wishes and hopes we don't go deeper.
Supports 46800 -46600-46380
Supply 47400-47650-47900
TA Primer ping me on +96895753093 +918106170817 details @sribhashyam65 twitter handle