tag:blogger.com,1999:blog-4363707944748952823.post5898323723521403678..comments2024-03-28T19:43:47.388+01:00Comments on practical technical analysis: Update - the bearish scenarioKrasihttp://www.blogger.com/profile/07425885123775585052noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-4363707944748952823.post-87587557375124287632016-07-14T06:32:16.402+02:002016-07-14T06:32:16.402+02:00- if I see an impulse at the moment we have two mo...- if I see an impulse at the moment we have two moves higher with the same size.<br />- the markets rally for another 2 weeks or longer... not just hanging at the highs really moving higher like 2200.<br />- indicators/market breadth making higher highs and clear the divergences.<br />- indicators/market breadth reset lower and market hanging around burning time with a sideway move.<br /><br />One of this conditions will be enough. The same rules which made me call August 2105/February 2016/Brexit sell off bullshit are telling me this move is not very healthy.<br />I will stay stubborn and follow my rules:)<br />This is forecasting side on the trading side it was clear that the price will move higher and as I wrote two weeks ago trading takes precedence and you trade on the long side the move will last a few weeks. Personally I do not feel comfortable the indexes are close to my target and I am out. By the way I think they are in small wave iv and one final high is left Krasihttps://www.blogger.com/profile/07425885123775585052noreply@blogger.comtag:blogger.com,1999:blog-4363707944748952823.post-46280290340997162212016-07-13T22:25:55.583+02:002016-07-13T22:25:55.583+02:00What would trigger you to change your view?What would trigger you to change your view?Anonymousnoreply@blogger.com