Monday, October 26, 2009

Update on Broadening Formation


Today once again lower trendline of this broadening formation provided support to nifty and nifty made low exactly at the trendline.

2 comments:

  1. Looks like 5 waves are over since March lows and the current decline is wave 1 of (a) down.

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  2. Go fully leveraged Long on dollar and short on gold, silver, stocks, Crude, Euro - everything which was going up since March starts going down now

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