Here i am trying to time the market, using some innovative technical tools,acepting by heart that market is supreme,i always have to follow it
Wednesday, November 25, 2009
LOOSING MOMENTUM
Although weekly charts remain in buy mode,in my opinion,markets are loosing short term momentum on the upside,creating doubts abt reaching tgts ,in a hurry.
i would advice to close longs, today and remain sideways for a day-or two
chances of upside rally, may resume, if 5048 and 5006 remains intact for 2-3 days.as the opening looks strong,,,close long at around 3 pm today.
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