Hello dear fellows,
It very possible that we are going to see "a lot of blood on the stocks" tomorrow. If my interprets are correct, the Nikkei just yelled SELL signal at weekly chart (MACD) and SP500 followed (daily; RSI14 and CCI) and also DAX agreed (daily; RSI, CCI, Williams R%).
If you look at Elliott Wave side of the view, you can see that the SP500 and DAX are making impulse which is doing w5 right now and can be considered now ready. This should at least make you worried.
I dont follow the sensex but if I can remember right, the pattern were pretty much similar in there.
So... you are now alarmed. If fall will start, it will be quick and dirty. Dont hesitate to sell.
tnx,
therek
It very possible that we are going to see "a lot of blood on the stocks" tomorrow. If my interprets are correct, the Nikkei just yelled SELL signal at weekly chart (MACD) and SP500 followed (daily; RSI14 and CCI) and also DAX agreed (daily; RSI, CCI, Williams R%).
If you look at Elliott Wave side of the view, you can see that the SP500 and DAX are making impulse which is doing w5 right now and can be considered now ready. This should at least make you worried.
I dont follow the sensex but if I can remember right, the pattern were pretty much similar in there.
So... you are now alarmed. If fall will start, it will be quick and dirty. Dont hesitate to sell.
tnx,
therek