Uneasy Head!
One more day of volatile move down up and each one takes one's cues home.
The psychology parts never dismay, many living in the wave 3 environment when wave 5 is in motion.
After the FNO measurements, now the actual and required measures in raising the haircuts or removing them from the collateral category, this is the textbook approach and can yield much more than the FNO in the longer term.
This also aides in curtailing 50% overnight kind of irrational expectations from the markets. It will take some time for the markets to understand this spin. Till then it is uneasiness in the head.
Talking of the Head naturally brings that Head and Shoulders pattern in min.
Pencilled in the pattern, the saying goes, don't name the baby before it is born, so the caution is wait for the neck-line break. However, being cautious after seeing one that has probability of unfolding is like Money saved is money made.
US inflation surprisingly cools. Dollar gives up the ground, yield fall, equity too fall.
Asia is in RED, NIKKI is in deep read, abandoned baby formation. SPX hit the bearish engulf, DOW appears near triple top. All are short term as of now nothing to shake the big picture yet.
Once again 24400 holds 24100 is the neckline that is the place of caution and commotion. TCS results out, our own Inflation later (surprise on the upside?)
Supports 24280-24230-24180-24130
Supply 24380-24410-24430
The psychology parts never dismay, many living in the wave 3 environment when wave 5 is in motion.
After the FNO measurements, now the actual and required measures in raising the haircuts or removing them from the collateral category, this is the textbook approach and can yield much more than the FNO in the longer term.
This also aides in curtailing 50% overnight kind of irrational expectations from the markets. It will take some time for the markets to understand this spin. Till then it is uneasiness in the head.
Talking of the Head naturally brings that Head and Shoulders pattern in min.
Pencilled in the pattern, the saying goes, don't name the baby before it is born, so the caution is wait for the neck-line break. However, being cautious after seeing one that has probability of unfolding is like Money saved is money made.
US inflation surprisingly cools. Dollar gives up the ground, yield fall, equity too fall.
Asia is in RED, NIKKI is in deep read, abandoned baby formation. SPX hit the bearish engulf, DOW appears near triple top. All are short term as of now nothing to shake the big picture yet.
Once again 24400 holds 24100 is the neckline that is the place of caution and commotion. TCS results out, our own Inflation later (surprise on the upside?)
Supports 24280-24230-24180-24130
Supply 24380-24410-24430
TA Primer ping me on +96895753093 +918106170817 details @sribhashyam65 twitter handle
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