March series started with a very good day and so far as i xpect it was inline with what a new series start shud b like. Giving shorters some hope and longers some ray of light and in the end trapping some many more than the good biggies. morning session went to BEARS, and post lunch Session belonged to BULLS. such a sharp recovery. awesome. simply awesome. But where are we heading?
i think this week and the next week in MARCH both shud b great times for bears. I heard the SUN OUTAGE during 2nd week of March starting from 7-8th march (m unsure, plz clarify)SUN OUTAGEs thru out the history have proved to b BEAR PLAYS. Never belonged to BULLS. hope History repeats itself again and we find our pockets full , after all these months of quiet patience. [Fingers Crossed]
Any waz about nifty, i m quite hopeful that we shud fall from MONDAY. SMR says so. Friday morning near 11am SMR was nearly 23.43 Approx and it rose to near 27.76 at around about 12.15 noon. and again the trap stage was set for the journey from LOW to HIGH. i m assuming it all, coz VIX is not REAL TIME available to me, but in a few sites is. (if any1 gets to know then plz post the link in SMR thread). any waz, VIX is available after hours, so that confirms my methodology, which i adapt playing in the mkt along with the real time charts
in the end we landed at 24.43 SMR values and i expect any GAP UP shud b utilised for Shorting.
Rest lets see, what unfolds there for us. any change in the VIX in the morning can change the scene, but thats unlikely.
Regards
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