When Technicals signal a Bear ?

[AW10]

From technical perspective,
1) We are in Bear market is when prices drop by more then 20% from their peak.
2) Price is below 200 dma
3) Series of lower high and lower lows on Monthly chart
4) Size of bullish rallyies are limited whereas size of downward fall is extended.
5) Chart indicates the Elliot Wave 5 is formed in downward direction (one will be never be sure till EW 3 in downward direction as that could be 3 W correction in bull market but when wave 4 is formed it breaches the low of Wave 3, then we are in wave 5 of bear market.
Quite possibly we will see this in longer timeframes as well.

All these signals are delayed be months so they are good for academic purpose. For trading purpose, I would rather relay on trendline break, Moving Average line break, supports becoming resistence etc are way ahead in time.

Happy Trading.

 

[Cactus]

did I missed something..........?

When Technicals signal a Bear ?

When........charts seems ......zigzag.......

When expectations.........goes over mountain........

When.......elections seems on head..........

When politicians need money.........

 

[Czar]

So now when technicals signal a bull... give your ideas so we are ready by then, 2 months to fill your views, give me technical reasons... all you master blasters

 

[Cactus]

Nuton was sitting under a tree when a nut felled on his head.......
and he started thinking......why nut felled........letter-on he discovered rule of gravity.

and so on........Jemas Watt....

a sciencetist always need a reason for a act and if he find.........he discover new inventions.......

but as far as me.......I am pure ATAMA RAM type person.......no reason required......

I trust........laxmi maiee neither follow eliot wave nor respect support & resitance. do she ......?

But yes......I accept.......manuplation

So now when technicals signal a bull... give your ideas so we are ready by then, 2 months to fill your views, give me technical reasons... all you master blasters

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