This still looks like a small upside correction in a larger downtrend, you ask why...
- Patterns look mostly like flags
- given the rally we had this so far does not qualify as a correction in term of time and price
- most models are still on sell
- a TCS Cluster around Feb 20 and later a bigger one in March allude to some Volatilty....
- OPEX next week, which makes the last updays (read ..cheap PUT Options) like easy prey for the hedgies with some downside action into Thursday
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