hey I seriously think we are heading for 2085 lvl which is the 78.6 % retracement of the whole bull run form 920 to 6357. the 5th wave down has started. hope it is going to be a fun ride. happy earning Regards
well the dow has broken past the 7300-7500 level which has stood the test of time on many occasions. today the European markets are down by at least 1% or 1.5% which doesn't augur well for the equity markets.If dow breaks 7000 today then after the current series we are headed downwards as there are no domestic triggers on the horizon. also keep a eye on the currency market with re at 50 vs $ it might retrace back to 47 48 level providing a reason to fii ppl to take out the monie
Any guesses for where we are headed..comments welcome..""""" cheers..
2 comments:
hey
I seriously think we are heading for 2085 lvl which is the 78.6 % retracement of the whole bull run form 920 to 6357. the 5th wave down has started. hope it is going to be a fun ride.
happy earning
Regards
well the dow has broken past the 7300-7500 level which has stood the test of time on many occasions. today the European markets are down by at least 1% or 1.5% which doesn't augur well for the equity markets.If dow breaks 7000 today then after the current series we are headed downwards as there are no domestic triggers on the horizon. also keep a eye on the currency market with re at 50 vs $ it might retrace back to 47 48 level providing a reason to fii ppl to take out the monie
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