Hello Traders, NIFTY50 broke the lower low @ 17761, a wave a level of Subminuette degree. This opens the door to new lows during last weeks sessions, and the question for the coming week:"Was it all? Or is more trouble ahead? For the bears. A break of 17353 is the key to collaps to lower boundary of the rectangle @ 17270, and below to 17098 – 16950! Here, a possible "sell-off" should stop! If so to come? We will see! The bulls need a massive push with high volume above 17578 range to start an attack at the open gap, left by trading on 21-22. February. At 17842 the gap would be closed! Overall, the high @ 18887 is a wave (iv) of Minutte or a wave ((iv)) of Minuette degree. The coming days will give answer which degree it is! Be carefull these day. Don`t trade and hold positions over.night! Have a great weekend..... Ruebennase
Feel free to ask or comment! Trading this analysis is at your own risk!
Hi All, no detailed update today, caused of Influenza! It could be, hat the correction is done, completed wich a wave z! In this case, N50 will start e new bull run. A decline below the latter lows, could be also the final one! I will update the Count, of I feel more comfortable! Have a great week…… Rübenbauern
no detailed update today, caused of Influenza!
It could be, hat the correction is done, completed wich a wave z!
In this case, N50 will start e new bull run. A decline below the latter lows, could be also the final one!
I will update the Count, of I feel more comfortable!
Have a great week……
Rübenbauern