Parameshwar_reddy

Parameshwar_reddy

Now I changed my view on all global Indices, any dip looking forward to buy the dip. My stop losses is in place and tight stop losses for now until it breaks last month high. I think we are in major wave 5 and we are in 3(5) in minor cycle considering Elliot wave theory. this is just my study and I might change my view depending on price action.

Parameshwar_reddy

Yesterday I posted nasdaq short opportunity and today I'm posting this dow Jones industrial average. Although Nasdaq came to my SL but since today is Friday and expiry of stock options and indices options. I wanted to allow few more points risk in NASDAQ and took second position right at stoploss. Both Nasdaq and us30 are aligned with my week. Can't end week more...

Parameshwar_reddy

Looks like we are in wave c of correction wave 17900 is what I'm looking for target. Good luck mates, have a nice ride

Parameshwar_reddy

Possible wave 5 on the upside. 94-96 possible in near future.

Parameshwar_reddy

Buy the dips until FED news is out in the last week of this month. caution: not aggressive.

Parameshwar_reddy

I see silver is taking support on hourly and going long slowly. Here we can do Bull Put spread for intraday keeping support TL as stoploss.

Parameshwar_reddy

I believe price is at a very good zone to trade a good intraday trade. Waiting for conformation. keep in mind we have news "Fed Chair Powell Testifies" coming up at 9am CT.