On top of an impulse wave, a huge gap up and, there are two spinning tops on top, is a perfect ground building for an Island reversal, I am not predicting it/ it is too early to call it that way. If you see a gap down any day now without making a new high, be sure, we will witness an island reversal. Now it is just a potent situation that warrant our attention. Also the signals showing divergence , so it may happen.
I am not interested to post anything vague for falls fame, but there was many questions, to take short positions. I said Big NO to them, and cautioned them, it is unsafe to go against the trend, and cannot be done until we get a strong signal of reversal. Especially the bullishness in wave 3 cannot be measured with any Fibonacci scale.
We are unknown friends, but it is painful if any of you lose money due to a miss communication or due to our ignorance. Time and again I was also advocating a bullish view. If you don’t understand the time frame reading this message is quiet Difficult. Now we may correct few 100 points, But we must be BULLS until we see minimum 10855 in nifty.
So please be watchful for the moves. The external influences are still supporting the bulls.
Did you get me please??
I am not interested to post anything vague for falls fame, but there was many questions, to take short positions. I said Big NO to them, and cautioned them, it is unsafe to go against the trend, and cannot be done until we get a strong signal of reversal. Especially the bullishness in wave 3 cannot be measured with any Fibonacci scale.
We are unknown friends, but it is painful if any of you lose money due to a miss communication or due to our ignorance. Time and again I was also advocating a bullish view. If you don’t understand the time frame reading this message is quiet Difficult. Now we may correct few 100 points, But we must be BULLS until we see minimum 10855 in nifty.
So please be watchful for the moves. The external influences are still supporting the bulls.
Did you get me please??