Most forgettable day as far as market moves are concerned
No fresh clues and the two alternatives mentioned in yesterday's post remain--
My inclination is towards a last thrust downwards to test 5800(if not more) and last two Hour candles (Shooting stars)indicate difficulty in sustaining 5900+ levels. Being a low volume day,these cannot be seen as a final verdict though:
.png)
So my advice remains what it was yesterday:
"keep a stop loss for shorts at 5940 and
stop-loss for longs at 5879 and play as per your own conviction."
No fresh clues and the two alternatives mentioned in yesterday's post remain--
My inclination is towards a last thrust downwards to test 5800(if not more) and last two Hour candles (Shooting stars)indicate difficulty in sustaining 5900+ levels. Being a low volume day,these cannot be seen as a final verdict though:
.png)
So my advice remains what it was yesterday:
"keep a stop loss for shorts at 5940 and
stop-loss for longs at 5879 and play as per your own conviction."
A new year in English Calendar begins -- my best wishes to all of you for it to become a fulfilling year.
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