I'm not in the business of picking tops and bottoms. I will never short an index like this.
However, I'm in the business of identifying extremes relative to past price actions.
#INDIA benchmarks are taking a parabolic shape with consecutive gap openings. #SENSEX #NIFTY
However, I'm in the business of identifying extremes relative to past price actions.
#INDIA benchmarks are taking a parabolic shape with consecutive gap openings. #SENSEX #NIFTY
Question I'm trying to answer, what are those gaps at all-time highs???
From Richard Schabacker:
From Richard Schabacker:
I think we can narrow it down to continuation & exhaustion gaps.
More on exhaustion and continuation gaps.
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