4% DD on NIFTY without even so much as a hourly pull back


  • We are at a 4% continuous DD on NIFTY since the VIX signal to short a day before the the waterfall.
  • Should one wait for a pull up before more downside or wait for a range to form?
  • Really hard to answer, but a good positioning is on either side. Wait for hourly BBH to be breached or get in when the low gets broken.
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