Nifty is short term Vulnerable to Lower Levels. So until it Signals Long, I am keeping a BIAS to the short Side. Longs can jump in, if it clears 8750 Decisively
Just a warning. Tighten Stops. Just in Case?
Great Opportunity. NG Reaching Critical Resistance with HUGE GAP staring Below. But Use Tight Stops, as Seasonal Upward Move Tendencies are approaching!!!
VIX pushing up will bring NIFTY Down. Keep a close Watch
Looking at Soybean Oil, with a Slight bias to the Short Side (In coming weeks)
For next several days i am keeping a short side view of Crude Oil. But for that decisive break of RED Line is essential
For Nifty to keep pushing down VIX & USDINR Should start spiking UP. Nifty in Grey AREA Vix In Red. Usdinr in Blue
Keep an Eye. Time is fast exhausting for the up move.
Watch for VIX above 14.5. NIFTY could start falling
NIFTY to Continue Down. VIX has to do catching UP with USDINR.
Strong Possibilities of a Correction in Gold. But must wait patiently for more price confirmation.
Upside remains suspect. On Downside, I Have Given My Arguments. Lets Watch Closely
Crude Oil Short setup viewpoint. Trade with further price action confirmation.
Longs Wait till decisive Break of 3.00 on weekly basis. The Triple top could result in a sharp upmove (Bull Trap) & then Down for a correction !!!
Watchout Crudeoil. Indicators Pointing Downmove. BUT IMPORTANT, wait for Confirmation.