EXTRAORDINARY MOVE | LIFE TIME OPPRTUNITY | DOW JOHNES | SHORT
Hello All,
I am sharing my view of what could be the next move from Monday 1st may 2023, it gives implication that we have finished wave B of a cycle and going to see wave C & complete the wave Z..
the last leg upside acceleration of smaller degree wave C is a good indication of end of a wave and it implies that shorts are wiped out of the system ..
Now during last few weeks or you can say since this fall started, we have been seen & taught by the Market to buy on dips which is very well evidence in the charts itself, but people need to understand when and at what point should we buy again i.e at what point shd we use buy the dips, the last 1000 points momentum was so quick happened in 2 days that most of the world is in bullish tone and major shorts got out, its a phycology that every one will wait for some correction to happen and then take shorts again but this time the dip will be too sharp and deep that hardly public would be able to take any short positions at such lower levels... yes its a phycological game too !! FOMO may make u take wrong trades too ..
the Vix is at low point 14.26 close after a long time , world in bullish momentum and shorts out of the system, Rsi showing negative divergence, all these are good indicator of the last leg fall which will finish off everyone this time on long side ..
This is "Market" , a Human god after the GOD !!
Terms & conditions :
* this is a personal view and published for educational purpose only,
* Strictly Don't trade seeing this post
* Healthy discussion is appreciated, no abuse please ..
Likes are need of the hour !!
I am sharing my view of what could be the next move from Monday 1st may 2023, it gives implication that we have finished wave B of a cycle and going to see wave C & complete the wave Z..
the last leg upside acceleration of smaller degree wave C is a good indication of end of a wave and it implies that shorts are wiped out of the system ..
Now during last few weeks or you can say since this fall started, we have been seen & taught by the Market to buy on dips which is very well evidence in the charts itself, but people need to understand when and at what point should we buy again i.e at what point shd we use buy the dips, the last 1000 points momentum was so quick happened in 2 days that most of the world is in bullish tone and major shorts got out, its a phycology that every one will wait for some correction to happen and then take shorts again but this time the dip will be too sharp and deep that hardly public would be able to take any short positions at such lower levels... yes its a phycological game too !! FOMO may make u take wrong trades too ..
the Vix is at low point 14.26 close after a long time , world in bullish momentum and shorts out of the system, Rsi showing negative divergence, all these are good indicator of the last leg fall which will finish off everyone this time on long side ..
This is "Market" , a Human god after the GOD !!
Terms & conditions :
* this is a personal view and published for educational purpose only,
* Strictly Don't trade seeing this post
* Healthy discussion is appreciated, no abuse please ..
Likes are need of the hour !!
PM for any Healthy discussion