yossarian121

yossarian121 Updated 

Had mentioned in earlier analysis of siemens that a 5 waver is done here. Details below Siemens has either completed 5 waves in its move from 2250 or late stage 5th. Hence the long exit/ sell on weekly too it is likely completing a much larger timeframe 5 waves if my counts are correct

yossarian121 Updated 

The trendline for the entire move from around 2000 broke down today Longs should exit. Shorts have a well defined SL at recent high

yossarian121 Updated 

Previous longs got stopped around 18.78. Another dollar gone from there, CMP 17.68 Some countertrend buy signals being generated today in Silver. Previous instances are highlighted here Worth trying longs here. We are trading against trend. I leave risk mgmt to you

yossarian121 Updated 

Assuming that low on 22nd around 18.72 as the beginning of a new wave higher 15 minute micro counts SL is the horizontal line - (2) wave here. Expect a sharp up thrust soon enough in a (iiird) of 3rd or C to validate this count. Otherwise something else is happening.

yossarian121 Updated 

WTI crude is approaching parallel channel support (CMP 93.1) Longs can be tried here. Pls keep stops as per appetitte

yossarian121 Updated 

Had marked 18.7 as an area of interest in earlier analysis on silver (78.6% retrace and trendline confluence) We did have an initial impulsive bounce from around 18.72. One can try longs here with SL around 18.65 positional

yossarian121

Siemens has rallied towards the upper end of its trading range despite declaring poor results that saw downgrades The last move also looks like a 5 wave structure done. Longs should use this rally to exit. Aggressive traders may try shorts

yossarian121 Updated 

We almost hit the 61.8% retrace of the prior upmove. Selling pressure last few sessions has been persistent Bulls need to show their hand soon. On smaller timeframes (for intraday traders ) key intraday levels are 19.31, 19.38 and 19.51

yossarian121 Updated 

Watch out for a breakout on upsidehere. Will move fast once that happens

yossarian121 Updated 

XME (metals) have started the week on a bearish note after a 5 wave bounce that could be an A or a 1 Bounce backs in the short term will likely get sold into. Longs need to be cautious. Intra day rallies can be considered shorting opportunities towards 49-47.5 zone in coming days. SL recent swing high

yossarian121

The move from around 370 ended with sharp intra day decline today with a trendline break of the move from around 372. Longs need to be cautious here. Bounces will be shorting opportunities

yossarian121 Updated 

Longs should definitely be out of bajaj finserv. Aggressive traders may try shorts Environment has not been rewarding for shorts so a bit hesitant, maybe via september puts

yossarian121

There was minor overshoot of the trendline that was reversed today Its possible that nifty/ SGX nifty topped out. longs should be very cautious here. Accelerated decline is the more likely outcome

yossarian121 Updated 

Had posted a channel on on silver. That did not work out. Got stopped out for 10 cents there This seems to be a better fit. Wave counts unclear in short term so staying on the side

yossarian121 Updated 

Looking at support from hourly channel here towards 20.4 Channel can be drawn a bit lower too. Light longs if going for it

yossarian121 Updated 

Likely wave counts on natgas. The previous corrective from around 9 to 8.4+ looked more like a 4th Expecting another corrective next. Micros of 5th are not clear. Would wait for move below 8.94 before getting confident on this count

yossarian121

Ignoring that crazy day when crude went negative, WTI is at major decision point Expecting a bounce here. trying calls might be the way to go given we are trading against immediate trend

yossarian121 Updated 

Crude is approaching resistance. expecting a dip here short term as the next move Sell around cmp 90.15. SL 90.8 Targets open towards 88 and lower