November 4, 2011

CHART-II (UPDATED)
CHART-I
  • Gold is pausing near the resistance line of the bigger channel.
  • Correction may extend if the small channel drawn in Chart-ii gets broken.
  • Bigger up move will be possible if the resistance line of the bigger channel gets broken.
  • ES AT GOLDEN RATIO
  • MCX CRUDE OIL CHART

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"All through time, people have basically acted and reacted the same way in the market as a result of: greed, fear, ignorance, and hope. That is why the numerical formations and patterns recur on a constant basis."
—Jesse Livermore