Dow Jones Industrial Average Index View Spot Cmp - 29941 Dow Looking Week On The Chart Follow Lower Low Pattern In The Chart Important Levels Above 30572 Go Long For Target 32000 ++ Below 30428 Go Short For Target 28000 ++
Marked the entry and exit points along with the peaks and bottoms using Dow Theory
Perfect Explanation of Wyckoff Theory.
There're two excess found above the Value High. 3-price rotation , on the value area. Above the control price , there are not trading activities detected. Last closed price is at control price. Conclusion , Buyers always look at excess 28429 of value low and sellers attraction should be at excess 29316 of value high.
Demonetization really matters? all economist have different view. what to follow? Follow the chart bcz a picture worth thousands words.. honest view looking at chart. recovery may be rapid also than what i shown. its forecast only. study purpose only.
Let me ask this first, How many of you are frustrated bcos of almost no movement in Nifty ?! Almost we are stagnating within 100 point range from Oct 19th. Intra's will be having chances here n there but positional ones will be irritated to the core bcos of no movement & no trade setup emerging out of Nifty. B's Shopping Theory : Am not sure about the exact...