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Impending imbroglio


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Bull lost a major point 1328, the battle mounts on 1320. (retraced 0.382 within the local frame 1258:1356)

 

if bull cannot reverse the direction in the next 2 days, then, the degree of burning would escalate fast. ( the retracements extends from the local frame into the middle term frame)

 

 

 

 

 

Yesterday, 02:14 PM

1341 1336 1320 1302

the intuition tells that the lower zone to watch is 1302-1336, higher zone to watch is 1352-1381.

 

chart http://www.capitalstool.com/forums/uploads/post-8191-13103214621838.jpg

 

intraday low 1316.61.

 

Bulls' safe margin has been further compressed, the immediate supports gear down to 1314 & 1310; Time clock is ticking ....

they can not afford to lose the 1302 & 1298.61-1294 in the next 2 sessions, a condition as dire as 'incurable' ( Irréversible )

 

 

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