Will Nifty shorts find themselves in a hole monday morning?
Nifty cracked nearly 2% today. The intensity of afternoon selling suggested that sellers were not expecting anything good to come out of FOMC meeting at Jackson Hole today. Bernanke spoke about 3 hours ago and within 10 minutes most markets were down. Nifty had already closed by then so I am talking about S&P, Bonds, […]
OrderFlow Gold -2
Just as a quick follow up to yesterday’s orderflow charts posted in the evening. The gold sell call was reversed at 5.30 pm and is currently up 1000 points in less than 1 full session. The silver sell call was also reversed around 6.00 pm yesterday and is currently up over 2750 points. I will […]