"Good morning, friends! Here are the directions for April 19th:
The global market trend is bearish, supported by the Dow Jones, while our local market sentiment also indicates a bearish trend. It might open with a gap-down start, as suggested by GiftNifty, showing a -350 point decrease.
GiftNifty indicates a long gap-down, so I don't know where it will be open. Structurally, the fall may continue Unless the market breaks the fib level of 38% we can expect a decline.
My expectation is correction. The market may undergo some consolidation around any one of the support levels, but there's a possibility of further downside breaks. We can anticipate a minor trend reversal only if it breaks the Fibonacci level of 38%, using the Fibonacci swing from yesterday's high to the upcoming low. If it breaks, we can assume that the minor trend has reversed."
The global market trend is bearish, supported by the Dow Jones, while our local market sentiment also indicates a bearish trend. It might open with a gap-down start, as suggested by GiftNifty, showing a -350 point decrease.
GiftNifty indicates a long gap-down, so I don't know where it will be open. Structurally, the fall may continue Unless the market breaks the fib level of 38% we can expect a decline.
My expectation is correction. The market may undergo some consolidation around any one of the support levels, but there's a possibility of further downside breaks. We can anticipate a minor trend reversal only if it breaks the Fibonacci level of 38%, using the Fibonacci swing from yesterday's high to the upcoming low. If it breaks, we can assume that the minor trend has reversed."
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이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.