Market on Wednesday was showing signs of stalling. This usually leads to correction. That is what happened on Thursday. Now the MM is showing extreme readings. Again this leads to short bounce. So don't give into short term rally. It may be good for day trader but long term investors, stay on the sideline. Wait for any confirmation before jumping in. As of now its all doom and gloom.
EP candiates: 526560
DT Candidates: 526560. Underwent more than 50% correction. So not a good buy.
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