Weekly hypos for the week dated 11th Dec- 15th Dec ( spot prices)

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From last week’s post here- http://vtrender.com/weekly-hypos-week-dated-04th-dec-08th-dec-spot-prices/  “we know that for the leg of this uptrend from 7900, no major correction has been more than 490 points. So from the pivot highs of 10490 seen in Nov, an equivalent drop will still put support near this 10040 mark reconfirming the balance highs  we know there”   Last week […]

Evening Report dated 08th Dec 17

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The No demand seen in the Trend Day of Thursday profile and which had aggressive sellers into the rise was followed up by a P shaped Profile indicative of a short covering run as sellers selling into the strength of Thursday were forced to cover their positions straight off the open. So we have a […]

Evening Report dated 07th Dec 17

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The auction of today early at the open followed up on the buying seen yesterday but we saw a big divergence set up on the moves higher especially at 10125 and 10161 and at the close near 10210. The selling into the close near 10210 confirmed that sellers were still interested in the auction and the […]