Nifty and the Spx- Look ahead
Here is an updated chart to the one put up on the blog on friday-2/11.- http://www.vtrender.com/content/back-range The market has moved about 20 points on either side of the poc at 5703 but the structure remains the same and the profile still shows balance. The merged profile has energy and holds the potential […]
Orderflow charts with last few alerts
Here are the orderflow charts showing the last few signals as well as the trend. The profile charts showed a balance developing and an inside day. The day was a neutral day with a neutral extreme close. An open above the day's high will be bullish. The chart above […]
Back in range
Here is an updated multi week composite on the Nifty spot. We are back in the big balance area of last week. The break from the balance area on the 30th was met with a b shaped profile which indicated short covering. The profile yesterday closed out all the single prints […]