Two possible scenarios.
Bulls have been met with powder-loaded bears at 7550 and been running to re-accumulate at 7325-7350.
I can see two possible outcomes. The current market situation looks painfully alike the previous few weeks.
Bear drop is possible, better keep an eye on the market. Suggested SL for the longs - 7250.
TP for shorts - 7150, 6900.
I can see two possible outcomes. The current market situation looks painfully alike the previous few weeks.
Bear drop is possible, better keep an eye on the market. Suggested SL for the longs - 7250.
TP for shorts - 7150, 6900.
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