VivekSingh

VivekSingh Updated 

I see the bearish divergence pattern building up here in the market and expect it to go down to around 2350. Please share your thoughts as well.

VivekSingh

From the chart it looks like oil is consolidating in an upward wedge. So their could be two scenarios here either it brake the lower trend line first and we get to short a huge crash or it brakes the resistance at 54 in which, i will open a long position. With the decreasing volume i think breaking the lower trend line should be the most probable scenario. Bur for...