Winter Is Coming -Part 2

This is an educational idea and not a recommendation to buy or sell.

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This is one person’s experience, your experience may differ. Past perfomance is not gaurantee of future gains.
Comment: Reaction may come from outermost parallel (4th reaction line of pitchfork)
Comment: What is fueling the expension of Nifty? All sectors are at the verge of breakout.Is it waiting for correction in all of them?
Comment: UPTHRUST- if at EOD candle close below 15800 (white dotted line), will consider shorting future along with buying a out of money call
Comment: Fractal nature of market
Trade active: Market reversed from 4th parallel, now targeting lower 4th parallel, unless market structure changes.
Comment: War is on, but remember "Momentum Precedes Price"
Comment: upthrust confirmation, hagopian, what else is required. It is a short
Comment: Successful tape reading is a study of Force; it requires ability to judge which side has the greatest force behind it. One must have the courage to go with that side. There are critical points which occur in each swing... At these junctures it seems as though a feather's weight on either side would determine the immediate trend. Anyone who can spot these points has much to win and little to lose, for he can always play with a stop placed close behind the turning point:- Wycoff


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