SURPRISE SURPRISE...specially for dooms day advocates..what a rally US/Europe gave last night..if all remember, I have been saying for last many days we are over sold and shorts have to unwind..they did as it was a composite rally of all shares..(We went long in select stocks /options )If markets are able to hold these gains over the next few days..maybe bigger, larger money/funds too start looking in..The above chart of SPEED LINES gives us a tentative range & direction..Watch 2500 now for any weakness, breach / close below this should be SL of longs.. HAPPY HOLI
