

Hurdle @ 5220-5237.
If Not Crosses 5237 and Trade below 5138 then Bull over for short Term.
Below 5138 NF can slide upto 5093
Major Support @ 5093.
Be-Caution on Higher level Bear will attack Very soon.


A. How Much Decline To Expect In A Bull Market And How Much Rally To Expect In A Bear Market.
After a bull market gets under way and stocks are moving up fast, the reactions are likely to be quick and sharp but they will never last more than 3 to 4 weeks as a general rule and then the upward trend will be resumed, so you can always figure that stocks are a buy on a reaction of about 1 month in a bull market.
In a bear market after the main trend has been established down ward, the rallies will run three weeks to four weeks and seldom ever more than one month, but in some cases after sharp, severe declines in a short period of time rallies will last as much as 2 months
– just the same there is a possibility of a reaction in a bull market running 2 months after extremes. By keeping these rules in mind you will have a guide as to when the main trend is changing up or down.
Above lines says before another Rallies, Sharp decline must come fist.

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