The bearish leg is as far i am concern is over (speculative) if you see the chart there was HS reversal completed when ASI reversed to 5050 as my calculation. the 2ns leg of bearish channel will confirm if 5050 is broken from my point of view.i will be highly optimistic this current ASI lvl is almost tested 61 Fib lvl from previous high.5850 n 6400 and 7200 will form the neck line of reverse HS and slight pull back not more than 6400 and continuation of its leg up and we should see 9000points tested .sorry guys im having trouble with the charts uploading here.wiki wrote:traderathome wrote: I prefer the market to be controlled by the bulls. need few confirmations if i am to see market is heading the right direction.that should make all happy in the end.
When all are bearish ..it seems you are the only person with positive view
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