Well, it is seen that after pausing for some time the downward momentum is gathering strength. The weak US market this evening seems to confirm this.
Till now I have published only snapshots of The Ultimate Momentum Signal spreadsheet after the close of the market. Readers will be wondering how this snapshots published after the close of the market is useful. Well
here is the solution. Here is another snapshot showing Nifty futures and S&P Nifty closing levels required for the momentum shifts / or continuation of the prevailing momentum.
You can read the Info and Instructions document from here
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