Crypto Market Cap, BTC/USD, ETH/USD, USDT/USD, XRP/USD, Bitcoin
Reliance, INDIABULLS HOUSING, YES BANK, STATE BK OF INDIA, HDFC BANK, TATA STEEL LTD
Nifty, BSE SENSEX, S&P 500, Nasdaq Composite, FTSE 100, DAX Index
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
From LH and LL we suddenly see Stopping Volume and we enter into a Side Ways Trading Zone . We see Huge Spread and Volume -- thats Institutional Buying ( Prelim Support - PS ) . We see the Selling Climax . SC . We see the easy Auto Rally . AR . The AR as expected cannot take us to a new High however it takes us to high of the PS Bar. THAT is a critical Bar . After...
I feel this lookms like Classic Re Accuulation. Ph A resembles Distribution. Ph B to Ph D are Accuulmation. Currently we are in LPS testing of the Support WHICH earlier used to be the Resistance . I feel we can safely buy and buy ... New mark up is arriving soon !
NSE: BCG is on the potential spring of accumulation. Initial position can be created.
WHat Happens Next ? I am hopefulCSB can breakthrough 200 as it has taken good higher supports and absorbed a lot of weak sellers.
Less liquidity .. there is divergence between Weis Wycoff Distribution Indicator and CCI.. RARE for me.