We were talking about being washed away by the Downtide and how correct we were.
The Sensex is below 15 K and this has jolted many.
Our advice is this. This is the Downtide of Dow Jones Theory.
The Impulse Phase was bullish so far, as the Sensex touched 21 K. Not it is the Downtide or rather the Impulse Phase is now the Bear Phase.
There may be pullbacks and if the Sensex goes up by more than 1000 points, sell off and lie low for the time being !
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