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Market outlook for next week

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Old 5th February 2006, 07:16 PM
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Default Market outlook for next week

From elliottwaveanalyst com -

Short term Outlook (06/02/2006) -

It was suspected that a short term correction might complete on Friday. It is now being suspected that it either completed in the closing stages on Friday or will do so right in the opening session on Monday. Post this, there should be a rally lasting days. 2912 is a critical level which should not get violated for this view to hold.

This in short presents a low risk trade setup. Going long in opening trades with a stop loss at 2912 is minimum risk but potentially wonderful returns.


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Old 5th February 2006, 10:00 PM
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Default Re: Market outlook for next week

I feel 2906 would be support,pl have comments
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Old 6th February 2006, 12:00 AM
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Default Re: Market outlook for next week

In my view the correction may be still deeper.May be upto 2870-80 and then the trend may reverse.The various charts indicate that still weekness may continue to these levels.
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Old 5th May 2013, 11:17 PM
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Default Re: Market outlook for next week

Barring sudden bouts..mkts r comfrtably perchd abv suports.
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Old 6th May 2013, 10:35 AM
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Default Re: Market outlook for next week

Quote:
Originally Posted by sudoku1 View Post
Barring sudden bouts..mkts r comfrtably perchd abv suports.
Sudoku1, any predictions about BNF ??
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Old 6th May 2013, 11:44 AM
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Default Re: Market outlook for next week

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Originally Posted by timepass View Post
Sudoku1, any predictions about BNF ??
tho i dont track it closely..refrain frm shortng as of now.

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