I think this is the right time to warn every one what happened in Dow Jones. I was just seeing the intra-day graph Dow. As yesterday's low(March 12 - that's 12205), got broken, the fall is severe. This is a classic property of good downward trend. (In uptrend - If high is broken then huge up move). Now every one understand, how I gave 3695 as SL for going long and at the same time how below, I am bearish. Morning, will look at Asian markets and post here..
Will also unleash, another advice, Although I went long by 100 Nifty, I booked 50 (Half profits) Nifty profit since Uptrend level was not reached and convincingly broken. I hope my fellow friends follow this principle of taking Half Profits whenever some yellow card is shown...
Well.. Brazil Bovespa is no exception for following this property of downtrend. It is fall is even sharper and classic.
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