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Re: March Options Exercised and Abandoned
The market is about to generate a daily sell signal.If it does, since it is on a weekly sell signal from the week ending December 7th,the pressure most likely will be south, if not breaking the consolidation around 9855, at least staying within it. It is this way
most of the times around FND,when the market remains on a weekly sell signal.
As commented on another previous post of mine, this weekly cycle is a low one within weeks ending Feb 8th and 15th, and it is of short duration, which could well be within the recent 2 months consolidation.