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selling climax? |
grizzlybull
White Belt
Joined: 26 Sep 2010
Posts: 80
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Post: #1  Posted: Fri Aug 05, 2011 8:52 pm Post subject: selling climax? |
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| was today a selling climax? Price went below support and later recovered, to the extent that the close of the day was higher than the low of the day. Right now the index is at roughyl the support values. |
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NEERAJ79
White Belt
Joined: 12 Jan 2011
Posts: 17
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| Post: #2 Posted: Fri Aug 05, 2011 9:42 pm Post subject: LET IT BE 4400 |
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| ONE DAY 7-8-10% FALL REQUIRED BEFORE SOLID RUN |
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grizzlybull
White Belt
Joined: 26 Sep 2010
Posts: 80
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| Post: #3 Posted: Fri Aug 05, 2011 9:47 pm Post subject: Re: LET IT BE 4400 |
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| NEERAJ79 wrote: | | ONE DAY 7-8-10% FALL REQUIRED BEFORE SOLID RUN |
by solid run you mean bear run or bull run?
if bear run you mean the breakout should be more substantial? |
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NEERAJ79
White Belt
Joined: 12 Jan 2011
Posts: 17
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| Post: #4 Posted: Sat Aug 06, 2011 9:00 am Post subject: 4400 is required |
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all garbage will be washed out!
new bull run will start from there..........
bottom fishing time 4350-4450...... |
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grizzlybull
White Belt
Joined: 26 Sep 2010
Posts: 80
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| Post: #5 Posted: Sat Aug 06, 2011 9:15 am Post subject: Re: 4400 is required |
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| NEERAJ79 wrote: | all garbage will be washed out!
new bull run will start from there..........
bottom fishing time 4350-4450...... |
so it was not a selling climax, then acc to you.
why such a level in particular btw? |
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