What happened today?
If we ignored the fundamentals and various events which is related to the crash of the market today, we can see many possibilities in technical analysis for taking a proper trade and making some good profit.
As I already told you yesterday and today’s morning the market is showing bearish signs so do not buy Call option or buy future even if you see any opportunities in the market,
Today is the day of shorting or buying put options. Buy Put option at High, Sell at low kind of situation.
There was a gap down opening, and since then price fail to make it Higher High, which is a clear sign that market is not interested to go up. We can also see every time buyers are trying to come back, get rejected by the VWAP. As sellers are sitting near that line.
If we ignored the fundamentals and various events which is related to the crash of the market today, we can see many possibilities in technical analysis for taking a proper trade and making some good profit.
As I already told you yesterday and today’s morning the market is showing bearish signs so do not buy Call option or buy future even if you see any opportunities in the market,
Today is the day of shorting or buying put options. Buy Put option at High, Sell at low kind of situation.
There was a gap down opening, and since then price fail to make it Higher High, which is a clear sign that market is not interested to go up. We can also see every time buyers are trying to come back, get rejected by the VWAP. As sellers are sitting near that line.