Let Me tell you flocks , there is two distinctive moves in the market ,
01) Function of Price - All we know as Impulse waves
02) Function of Time - All we know as Corrective waves ( structure )
they always co-ordinate with in them with specific character and being analyst one must understand them in timely manner to adjust or adopt the method of
Positioning and re-positioning of stocks /Futures , Options trading
Auto Index is clearly made an 5 wave impulse move and then entered in side way corrective pattern , Currently i am looking this is developing in to simple
ABC corrective structure , one can expect side ways market to continue until the time factor is accounted
Once this correction completes you can expect another impulse leg move up ,
So keep trading in scrips which show the same visual patterns and keep making money
Good luck
01) Function of Price - All we know as Impulse waves
02) Function of Time - All we know as Corrective waves ( structure )
they always co-ordinate with in them with specific character and being analyst one must understand them in timely manner to adjust or adopt the method of
Positioning and re-positioning of stocks /Futures , Options trading
Auto Index is clearly made an 5 wave impulse move and then entered in side way corrective pattern , Currently i am looking this is developing in to simple
ABC corrective structure , one can expect side ways market to continue until the time factor is accounted
Once this correction completes you can expect another impulse leg move up ,
So keep trading in scrips which show the same visual patterns and keep making money
Good luck