CBOT_MINI:MYM1!   Micro E-mini Dow Jones Industrial Average Index Futures
So inspite of a 1300 points RUN UP from the Bottom Last Night..... why is it that the DJIA is almost at a halt?????? It is very simple if you understand what is happening..... This chart is LIVE as I write .
Look at the 78.6% fib..... it is acting as a resistence ..... PRICE is reacting here and NOT WANTING TO GO UP. So what next ???? If it doesnt go up..... it will want to come down to the 61.8% level.
I am a SCALPER and I take my trades based on the 1st 5 minutes candle...... I know in 5 minutes EXACTLY where the market is headed. If any of you want to understand how???? You can call me on 9366831223.... My name is DEEPAK GUPTA. This will have to be explained over the phone and not on a write up. Please call me anytime from now untill 8 am.... or after 4 pm untill 5 pm. Thankxx.
BTW.............. I dont ever use any indicators
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SGX achieves 161.8% of todays 1st 5 tf candle....
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DJIA future almost achieves 161.8% at 30314..... has done 30307
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SGX WILL BREAK ONLY BELOW 17290... for 17262.....17228.....17193 and 17175
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IT MAY GET DIFFICULT FOR NF TO CROSS ABOVE 17258..... IF IT DOES ... THEN A HIGHER DEGREE LEG UP KICKS IN FOR HIGHER TARGETS
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THE HIGHER DEGREE TARGETS FOR NF SUSTAINING AND ABOVE 17258 WOULD BE ..... 17288.....17425.....17510
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I HAVE GIVEN YOU GUYS EVERYTHING THERE IS FOR TRADING TODAY..... WILL UPDATE ONLY WHEN I FEEL THE MARKET BEGINS TO FALL..... ALL THE BEST
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ON BNF AS PER OPENING...... THE HIGHER DEGREE LEG HAS KICKED IN..... KEEPING 39288 AS THE 1ST POINT/STOPLOSS...... THE HIGHER TARGETS ARE 39760...40233 AND 40525
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now for the whole day @ NF...... unable to cross above 17313 and staying below 17283...... downside targets are 17233.....17173..17114 and 17078
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BNF UNABLE TO CROSS AND SUSTAIN ABOVE 39556 TO 39595 ZONE...... WILL FALL BELOW 39455 TOWARDS 39286....39246...38995.....38744 AND FINALLY 38592
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HELLOH BOYSS...... ENJOY THE RIDE
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NF ALMOST ACHIEVES ITS 161,8% FROM TODAYS 1ST 5 TF CANDLE AT 17367.... DONE 17361
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261.8% RISE IS AT 17427
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1ST DOWNSIDE TARGET OF NF DONE @ 17233
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2ND TRAGET WAS ALSO ALMOST DONE.... IT WAS 17173.... NF DID 17190
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NF NOW STAYING BELOW 17233...... ALL THE DOWNSIDE TARGETS SHOULD BE DONE
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FROM MONDAY I CAN TRY AND GIVE YOU GUYS THE INTRADAY LEVELS/ COMENTRY AS AND WHEN REQUIRED....... I HOPE YOU GUYS MADE SOME GOOD MONEY....... HOPE YOU GUYS GIVE ME SOME BOOSTS AS WELL !!!!! bye and take care
Feragatname

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