This blog intends to reduce the noise from the markets by the use of Market Profile as well as studying inter-market associations and their relevance to the short-term trend.
in that chart - betn. jun and july there is a red line which touches 5200 - well tom. eod, we will have another red line which will touch 5200 or below - chart says so loudly....how did u guys miss it?:-) somewhere that bull is still hiding inside? :-) no prob. - we will massacre it tom. :-)
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4 comments:
Thanks RM.
That 5307 has been a magnet on your chart.
McClellan very low, but not quite there. vix and decl volumes inching up- capitulation is the word on the street !!
@Shai
The broader market was not as pessimistic as the index stocks. A/D is 464/965, certainly nowhere capitulation!
I wish there was a way to get the intraday volumes on Nify spot like available in NSE TAME charts. The HVN would have been more precise then.
in that chart - betn. jun and july there is a red line which touches 5200 - well tom. eod, we will have another red line which will touch 5200 or below - chart says so loudly....how did u guys miss it?:-) somewhere that bull is still hiding inside? :-) no prob. - we will massacre it tom. :-)
@Janak
Aha! Burning midnight oil? :)
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