Today was shortsale day.
In the system view, today was really a struggle between bulls and bears. Yesterday's down trend was interrupted when the prices broke out above super trend at 10820.
Out of market prices went down as low as 10750, perhaps an indication of the market's bias.
Nevertheless, there was a short entry @10800 which deliverd about 40 points
We missed second short entry @10780. The main reason for passing that trade was simply because long-term CCI staying above long-termCCIMA. It did not cross down convincingly, a sign of technical resistance.
What happened next was not magic. Prices bounced hard & rallied 100 points. We took the long trade, out before it hit 10800. It wasn't meant to be a trend trade.
The last 100 points decline was a surprise.
Tomorrow = BUY day
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