We did not expect a major gap up despite US elections notwithstanding..We did not get a gap up, a slightly lower opening. So this one was OK..
We expected a corrrection, we got a shallow one, with the low of 5711 within the first 15 minutes. This one was also ok.
We expected a short term top, provided 5755 was not breached. We did not get the short term top, with 5755 being breached during the intraday moves, though close was lower than this crucial level. Wave count a bit confusing, so will review tomorrow. At present as long as 5680 holds and 5755 is breached we will think in terms of market remaining strong.
No comments:
Post a Comment