once technical indicator or method may not be sufficient to map the market. i use around half a dozen ways to analyses the market. i first look at them separately and then overlap the inferences to expect the high probability eventuality. while almost all other major indications and methods are being regularly updated and shared here by me, this one (sma 8 and sma34) was left out. so i am starting this separate thread to track this simple but very useful indicator set.
Js
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19 mar, EoD
so it indeed was "sell on rise" as i suspected last week.
the situation nowclearly indicates that we are well into the well.
some upward buoyancy can be expected, but coming out and above is not so near.
5300 +/- likely to be a brief gush of air.
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