Charting the Road with Median Lines
Thanks for update.Mam you dont think more downside from here??
hi hemantthe DT is not over.since it is a support area,if there is a retracement ,then another opportunity to short the market.Looking at minimum 5080 level on the downside and will wait to see how the waves occur...
we have 2 wolfe waves now....one targettting 5420 in ..and other even higher....it should be volatile though
hi jonakyes,if a bounce happens from this support zone,then I would also expect it to reach 5400 zone.
Thanks for update.
ReplyDeleteMam you dont think more downside from here??
hi hemant
ReplyDeletethe DT is not over.since it is a support area,if there is a retracement ,then another opportunity to short the market.Looking at minimum 5080 level on the downside and will wait to see how the waves occur...
we have 2 wolfe waves now....one targettting 5420 in ..and other even higher....it should be volatile though
ReplyDeletehi jonak
ReplyDeleteyes,if a bounce happens from this support zone,then I would also expect it to reach 5400 zone.