In as much as a Bounce came from Almost the Channel bottom...... yet time and again... NS has shown that it is willing to go below this 3-4 times to give ONLY A DEAD CAT BOUNCE.... Many here may have thought that the End of the Slide was Today .... but I very Much doubt it. I have given you all the Short wave and the Whole Wave Retracement..... and 1 thing stands common between both..... NS COULD NOT EVEN RISE ABOVE NOR CLOSE ABOVE THE 23.6% of the entire Rise/ Fall. I WAS COMPLETELY WRONG AND I HUMBLY ACCEPT MY FAULT IN MY CYCLE ANALYSIS. I was Pretty Sure that we would hit a BOTTOM between 7-9th Jan. I don't think we will. Even if we do...... it will just be an Extension of more Severe Downsides to come. This is why i don't invest, I only Trade.
Trade active
Go Long on NF with SL 23682
Trade closed: target reached
Maxx SL 23645-23618... buy the DIPS
Note
careful now... resistence at 23713.... pleASE FOLLOW UR OWN SYSTEMS NOW.... i M BUSY
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.