A good closing below previous day low after a long time. This indicates a correction in near future. however I'll watch today's closing for the confirmation.
A good correction will be seen if closing of 9th july closes below 8 july low.
However after a sudden fall, price have retraced almost 60 points.
Good to watch it on 9th july closing.
Also, Good to watch for Fibonacci Levels for correction.
I am waiting for price to come at .33 level of fib.
A good correction will be seen if closing of 9th july closes below 8 july low.
However after a sudden fall, price have retraced almost 60 points.
Good to watch it on 9th july closing.
Also, Good to watch for Fibonacci Levels for correction.
I am waiting for price to come at .33 level of fib.
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