Well, I'm back.......after a 2 month break in Australia. My father has made a full recovery following his open heart surgery. Markets turned on Friday 16th April and have been downhill since with the BEARS in control. BEARS achieved a close below 5000 on Tuesday 25th May . Bulls were in charge for 49 days from Friday 5th Feb 5033 low to 5833 on Friday 16th April.
Symmetric low date would be in 20 trading days on Friday 25th June
| Time | 10ema | 20ema | Date | Trade | Price | Stop | Target |
|---|---|---|---|---|---|---|---|
| Intra | 5070 | 5069 | 26May | SELL | 5070 | 5105 | 4900 |
| Daily | 5135 | 5262 | 27Apr | SELL | 5700 | 5262 | 4700 |
| Weekly | 5336 | 5366 | 04May | SELL | 5500 | 5400 | 4500 |
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