Big Fishes are Already out of the Market, as there is High Volume Pressure showing up on daily charts,
Nasdaq is Making Three drivers pattern
Dollar is also Looking Weak on Charts, Metals have started to Move Up and CrudeOil has failed to sustain above 55. Dow May Take support at Trendline at 18500, and afterwards may even...
BTCUSD Crashed as Expected It has broken below a trendline at 810, Next Target Could be 750-730 Where there is High Volume Pressure and on the Upside there is Volume Pressure Around 920, Break Below 730 Can Test 600, , Otherwise It can consolidate between 920-750.
Bitcoin is forming Some Selling Patterns on the weekly charts, Volumes are suggesting little profit booking, Price is already around uptrend line, Could Test Previous Structure, Selling Pressure can come from Next Week for a Move towards 800.
Trend Correction is Getting Over, IT has started to look weak, TCS is at Upper Trend Line and at Major Resistance, Volumes are lower op Trending Up, Target Can be of Around 2000, 1700 with short from around 2400.
Nifty is at Upper Channel Line, Dollar is Still Above 102, US Markets looking weak, Bear Trend is Intact if we look at magnet, BankNifty/Nifty is breaking below. BankNifty Will Under perform and Drag Nifty Down...
Another Leg Up in Silver is Coming with The Target of $23, Buying Can be initiated around $16.5, Dollar is Showing a big selloff in monthly charts which will fuel this rally, Technically it has retraced back .61 from initial rally, and it looks like a fair level to reenter.
There is a probability of sudden 2000 points selloff in US30, Volume on Sell Days is Higher, SPX and Nasdaq have my GoTo sell patterns, US30 is Making Fish Top on 4 Hour Chart, Vix is Ticking Up Slowly. Crude is Fueling the rally but it looks like crude will also start to pull back.
There is a possibility of sudden 700 points sell off in nifty, i can see some short patterns in nifty and bank nifty charts, there is also heavy PUT buying going on, VIX is ticking up, global markets are also suggesting a sell off, and INR is also not getting strong..