Nifty Small 100 index has the most perfect chart for the set up that I have been considering for the Midcap Smallcap segment. That wave E of an expanding pattern is developing
This second chart published later in the evening day before to Insiders shows that momentum indicators rolled over as prices failed to breakout and today prices have broken the break down point and so wave E throwover should be compete. The implications should be going back to the lower end of this range and like the previous two occasions it can happen quite quickly.
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