Saturday 26 May 2018

Weekly Spot Outlook of Bank Nifty for 28th May to 01st Jun

BANK NIFTY

This week Bank Nifty spot went down by 253 points and then went up by 451 points , before finally ending the week with a gain of 399 points compared to last weekly closing.


As per levels given for the previous week Bank Nifty Spot needed to sustain and close above 26055 to trigger uptrend and Bank Nifty spot needed to sustain and close below 25695 to trigger downtrend for the week. Bank Nifty made a high of 26325.55 and made a low of 25622.15 . 


As mentioned in the previous weekly post " Now in the coming week Bank Nifty needs to break and sustain / close above 26055 for a test of 26240 - 26285 initially and closing above it we can see a further move till 26450 - 26625 . Similarly on sustaining / closing below 25695 we can see a test of 25510 - 25465 initially and closing below it we can see a test of 25305 - 25125 . Those who are holding shorts should now their trailing cbsl to 26055 and can hold further only on closing above 25695 with a further trailing cbsl of 25820 .  Those who are looking to go long should wait for Bank Nifty to sustain / close above 26055   " , and Bank Nifty initially triggered our short trade and completed just 2 target and reversed to trigger our long trade and completed 4 weekly long targets . 


Now in the coming week Bank Nifty needs to break and sustain / close above 26470 for a test of 26680 - 26730 initially and closing above it we can see a further move till 26910 - 27105. Similarly on sustaining / closing below 26075 we can see a test of 25870 - 25820 initially and closing below it we can see a test of 25640 - 25445 . Those who are holding longs should keep a trailing cbsl of 26075 and hold further on getting a close above 26470 with a trailing cbsl of 26335 . Those who are looking to enter fresh shorts should wait for a close below 26075 and enter with a cbsl of 26215 . 

For the month of May longs will be confirmed with a consecutive close above 25955 for a initial target of 26395 - 26510 and sustaining / closing above it we can see a further move till 26890 - 27310. Similarly shorts will be confirmed with a consecutive close below 25110 for a initial target of 24665 - 24555 and sustaining / closing below it we can see a further move till 24170 - 23750.  Bank Nifty had confirmed our monthly longs and tested our next targets of 26890 - 27310 with a high of 26972 .


Bank Nifty Spot Levels for the week are

Long above 26395 , Tgt 26470 - 26530 - 26590

IF Bank Nifty spot manages to get a close / sustain above 26680 then 

long again for 26730 - 26910 - 27105

Short below 26150 , Tgt 26075 - 26015 - 25955

IF Bank Nifty spot manages to get a close / sustain below 25870 then 

short again for 25820 - 25640 - 25445


P.S. Always wait for the yellow highlighted levels to be crossed after taking a long/short position for confirmation of the trade . Once the highlighted levels are crossed and the next target is achieved move your Stoploss to the highlighted levels and continue trailing it further .

If you want to see the post in your Inbox , kindly register by adding your email id in  the 'Subscribe to my posts' section on the top right side of the blog.


Disclaimer : These are my personal views and one should do their own research before entering any trades based on them  . The use of the blog is agreement that the blog is for informational and educational purposes only and does not constitute advice in any form in the furtherance of any trade or trading decisions.

Weekly Spot Outlook of Nifty for 28th May to 01st Jun

NIFTY

This week Nifty spot went down by 179 points then went down by 32 points before finally ending the week with a gain of 9 points compared to last weekly closing. 

As per levels given for the previous week Nifty Spot needed to sustain and close above 10630 to trigger uptrend and Nifty spot needed to sustain and close below 10565 to trigger downtrend for the week. Nifty made a high of 10628.05 and made a low of 10417.80. 

As mentioned in the previous weekly post " Now in the coming week Nifty needs to break and sustain above 10650 to test 10700 - 10710 initially and above it we can see a test of 10760 - 10810. Breaking and sustaining below 10545 we can see a test of 10495 - 10480 initially and below it we can see a test of 10435 - 10385 . Those who are holding shorts should keep a cbsl of 10645.  Nifty has a strong support near 10560 - 10540 zone in the coming week and if it does not sustain below it then we can see a pullback . Nifty has a strong resistance near 10765 - 10815 and it needs to give a strong close above it for higher levels in this month.    " , and we saw Nifty trigger our weekly shorts and nearly complete all our weekly short targets giving close to 130 points from the weekly short trade . 

Now in the coming week Nifty needs to break and sustain above 10675 to test 10750 - 10770 initially and above it we can see a test of 10835 - 10905 . Breaking and sustaining below 10535 we can see a test of 10460 - 10440 initially and below it we can see a test of 10375 - 10305. Those who are looking to enter fresh longs above 10675 should keep a cbsl of 10625 and those who are looking to enter fresh shorts below 10535 should keep a cbsl of 10585 and move to trailing cbsl as targets get achieved . 

As mentioned " For the month of May , longs will get confirmed with a consecutive close above 10805 for a initial target of 10875 - 10895 and sustaining / closing above it we can see a further move till 10950 - 11020 .  Similarly shorts will get confirmed with a consecutive close below 10675 for  a initial target of 10605 - 10585 and sustaining / closing below it we can see a further move till 10525 - 10460 ." , and last week we had mentioned that Nifty has triggered our monthly shorts and in the week gone by we saw all our monthly short targets getting achieved giving us 200+ points from the monthly short trade . Nifty has strong resistance in the zone of 10765 - 10815 for this month and we need to get a strong close above it for the pullback to go higher. 


Nifty Spot Levels for the week are

Long above 10650 , Tgt  10675 - 10700 - 10720

IF Nifty spot manages to get a close / sustain above 10750 then ,

long again for 10770 - 10835 - 10905

Short below 10560 , Tgt 10535 - 10515- 10490

IF Nifty spot manages to get a close / sustain below 10460 then, 

short again for 10440 - 10375 - 10305

P.S. Always wait for the yellow highlighted levels to be crossed after taking a long/short position for confirmation of the trade . Once the highlighted levels are crossed and the next target is achieved move your Stoploss to the highlighted levels and keep trailing your stoploss .

If you want to see the post in your Inbox , kindly register by adding your email id in  the 'Subscribe to my posts' section on the top right side of the blog.

Disclaimer : These are my personal views and one should do their own research before entering any trades based on them  . The use of the blog is agreement that the blog is for informational and educational purposes only and does not constitute advice in any form in the furtherance of any trade or trading decisions.

Saturday 19 May 2018

Weekly Spot Outlook Of Bank Nifty for 21st to 25th May

BANK NIFTY

This week Bank Nifty spot went up by 841 points and then went down by 574 ,before finally ending the week with a loss of 538 points compared to last weekly closing.


As per levels given for the previous week Bank Nifty Spot needed to sustain and close above 26520 to trigger uptrend and Bank Nifty spot needed to sustain and close below 26310 to trigger downtrend for the week. Bank Nifty made a high of 26972.05 and made a low of 25839 . 


As mentioned in the previous weekly post " Now in the coming week Bank Nifty needs to break and sustain / close above 26520 for a test of 26625 - 26655 initially and closing above it we can see a further move till 26750 - 26850 . Similarly on sustaining / closing below 26310 we can see a test of 26200 - 26175 initially and closing below it we can see a test of 26080 - 25975 . Those who are holding longs should now their trailing cbsl to 26310 and can hold further only on closing above 26655 with a further trailing cbsl of 26445 .  Those who are looking to short should wait for Bank Nifty to sustain / close below 26310   " , and Bank Nifty made a high of 26972.05 initially after triggering our weekly long trade and completed all long targets and took our trailing cbsl for longs .Bank Nifty then triggered our weekly short trade and completed all our weekly short targets for the week too . A good week for swing traders as we saw all targets get achieved on both sides . 


Now in the coming week Bank Nifty needs to break and sustain / close above 26055 for a test of 26240 - 26285 initially and closing above it we can see a further move till 26450 - 26625. Similarly on sustaining / closing below 25695 we can see a test of 25510 - 25465 initially and closing below it we can see a test of 25305 - 25125 . Those who are holding shorts should now move their trailing cbsl to 26055 and can hold further only on closing below 25695 with a further trailing cbsl of 25820 . Those who are looking to go long should wait for Bank Nifty to sustain / above 26055 .


For the month of May longs will be confirmed with a consecutive close above 25955 for a initial target of 26395 - 26510 and sustaining / closing above it we can see a further move till 26890 - 27310. Similarly shorts will be confirmed with a consecutive close below 25110 for a initial target of 24665 - 24555 and sustaining / closing below it we can see a further move till 24170 - 23750.  Bank Nifty had confirmed our monthly longs and tested our next targets of 26890 - 27310 with a high of 26972 .


Bank Nifty Spot Levels for the week are

Long above 25985 , Tgt 26055 - 26105 - 26160

IF Bank Nifty spot manages to get a close / sustain above 26240 then 

long again for 26285 - 26450 - 26625

Short below 25765 , Tgt 25695 - 25645 - 25590

IF Bank Nifty spot manages to get a close / sustain below 25510 then 

short again for 25465 - 25305 - 25125


P.S. Always wait for the yellow highlighted levels to be crossed after taking a long/short position for confirmation of the trade . Once the highlighted levels are crossed and the next target is achieved move your Stoploss to the highlighted levels and continue trailing it further .

If you want to see the post in your Inbox , kindly register by adding your email id in  the 'Subscribe to my posts' section on the top right side of the blog.


Disclaimer : These are my personal views and one should do their own research before entering any trades based on them  . The use of the blog is agreement that the blog is for informational and educational purposes only and does not constitute advice in any form in the furtherance of any trade or trading decisions.

Weekly Spot Outlook Of Nifty for 21st to 25th May

NIFTY

This week Nifty spot went up by 123 points then went down by 217 points before finally ending the week with a loss of 210 points compared to last weekly closing. 


Had mentioned in the previous weekly post " Now in the coming week Nifty needs to break and sustain above 10860 to test 10920 - 10935 initially and above it we can see a test of 10980 - 11035. Breaking and sustaining below 10750 we can see a test of 10695 - 10680 initially and below it we can see a test of 10630 - 10580 . Those who are holding longs should keep a cbsl of 10750. Those who are holding shorts should keep a cbsl of 10860 . Nifty has a strong resistance near 10765 - 10815 and we have got a close within this range now and it needs to give a strong close above it for higher levels in this month . The coming week will be volatile with Karnataka election results to be declared . " , and we saw Nifty make a high of 10929.20 testing our initial resistance zone of 10920 - 10935 and reverse . Nifty needed to give a strong close above 10765 - 10815 zone to continue the upmove which it could not do and we saw our weekly & monthly short trade get triggered too and a correction  till 10590 completing all our weekly short targets and our initial monthly short targets .

Now in the coming week Nifty needs to break and sustain above 10650 to test 10700 - 10710 initially and above it we can see a test of 10760 - 10810 . Breaking and sustaining below 10545 we can see a test of 10495 - 10480 initially and below it we can see a test of 10435 - 10385. Those who are holding shorts should keep a cbsl of 10645 .  Nifty has strong support near 10560 - 10540 zone in the coming week and if it does not sustain below it then we can see a pullback . Nifty has a strong resistance near 10765 - 10815 and it needs to give a strong close above it for higher levels in this month  . 

As mentioned " For the month of May , longs will get confirmed with a consecutive close above 10805 for a initial target of 10875 - 10895 and sustaining / closing above it we can see a further move till 10950 - 11020 .  Similarly shorts will get confirmed with a consecutive close below 10675 for  a initial target of 10605 - 10585 and sustaining / closing below it we can see a further move till 10525 - 10460 ." , and Nifty gave a couple of borderline close just above 10805 and made a high of 10929.20 completing our initial monthly targets but failed to give a close above 10815 . Had mentioned in the previous post " Nifty has strong resistance in the zone of 10765 - 10815 for this month which has to broken and sustained for this upmove to continue else we might see a correction begin again from the mentioned levels ." and Nifty failed to give a close above 10815 and we saw a correction begin and we made a low of 10589.10 triggering our monthly shorts too . Now Nifty has strong support near 10560 - 10540 and it will need to sustain / close below it for further correction . Else it might take support near it and pullback . 


Nifty Spot Levels for the week are

Long above 10630 , Tgt  10650 - 10660 - 10675

IF Nifty spot manages to get a close / sustain above 10700 then ,

long again for 10715 - 10760 - 10810

Short below 10565 , Tgt 10545 - 10530 - 10515

IF Nifty spot manages to get a close / sustain below 10495 then, 

short again for 10480 - 10435 - 10385

P.S. Always wait for the yellow highlighted levels to be crossed after taking a long/short position for confirmation of the trade . Once the highlighted levels are crossed and the next target is achieved move your Stoploss to the highlighted levels and keep trailing your stoploss .

If you want to see the post in your Inbox , kindly register by adding your email id in  the 'Subscribe to my posts' section on the top right side of the blog.

Disclaimer : These are my personal views and one should do their own research before entering any trades based on them  . The use of the blog is agreement that the blog is for informational and educational purposes only and does not constitute advice in any form in the furtherance of any trade or trading decisions.

Saturday 12 May 2018

Weekly Spot Outlook Of Bank Nifty for 14th to 18th May

BANK NIFTY

This week Bank Nifty spot went up by 792 points before finally ending the week with a gain of 768 points compared to last weekly closing.


As per levels given for the previous week Bank Nifty Spot needed to sustain and close above 25805 to trigger uptrend and Bank Nifty spot needed to sustain and close below 25485 to trigger downtrend for the week. Bank Nifty made a high of 26437.25 and made a low of 25675.15 . 


As mentioned in the previous weekly post " Now in the coming week Bank Nifty needs to break and sustain / close above 25805 for a test of 25975 - 26015 initially and closing above it we can see a further move till 26160 - 26320 . Similarly on sustaining / closing below 25485 we can see a test of 25320 - 25275 initially and closing below it we can see a test of 25130 - 24975 . Those who are holding longs should now their trailing cbsl to 25485 and can hold further only on closing above 25805 with a further trailing cbsl of 25695 and look to book once near 25975 - 26015 unless we get a close above it . Those who are looking to short should wait for Bank Nifty to sustain / close below 25485 or near 25975 - 26015 with a strict cbsl of 26225 .   " , and Bank Nifty made a high of 26437.25 for the week . 


Now in the coming week Bank Nifty needs to break and sustain / close above 26520 for a test of 26625 - 26655 initially and closing above it we can see a further move till 26750 - 26850. Similarly on sustaining / closing below 26310 we can see a test of 26200 - 26175 initially and closing below it we can see a test of 26080 - 25975 . Those who are holding longs should now move their trailing cbsl to 26310 and can hold further only on closing above 26655 with a further trailing cbsl of 26445 . Those who are looking to short should wait for Bank Nifty to sustain / close below 26310.


For the month of May longs will be confirmed with a consecutive close above 25955 for a initial target of 26395 - 26510 and sustaining / closing above it we can see a further move till 26890 - 27310. Similarly shorts will be confirmed with a consecutive close below 25110 for a initial target of 24665 - 24555 and sustaining / closing below it we can see a further move till 24170 - 23750.  Bank Nifty has confirmed our monthly longs and has tested our initial targets of 26395 - 26510 . Now sustaining / closing above 26510 we can expect a test of the next targets.


Bank Nifty Spot Levels for the week are

Long above 26475 , Tgt 26520 - 26550 - 26580

IF Bank Nifty spot manages to get a close / sustain above 26625 then 

long again for 26655 - 26750 - 26850

Short below 26350 , Tgt 26310 - 26280 - 26245

IF Bank Nifty spot manages to get a close / sustain below 26200 then 

short again for 26175 - 26080 - 25975


P.S. Always wait for the yellow highlighted levels to be crossed after taking a long/short position for confirmation of the trade . Once the highlighted levels are crossed and the next target is achieved move your Stoploss to the highlighted levels and continue trailing it further .

If you want to see the post in your Inbox , kindly register by adding your email id in  the 'Subscribe to my posts' section on the top right side of the blog.


Disclaimer : These are my personal views and one should do their own research before entering any trades based on them  . The use of the blog is agreement that the blog is for informational and educational purposes only and does not constitute advice in any form in the furtherance of any trade or trading decisions.

Weekly Spot Outlook Of Nifty for 14th to 18th May

NIFTY

This week Nifty spot went up by 194 points before finally ending the week with a gain of 188 points compared to last weekly closing. 


Now in the coming week Nifty needs to break and sustain above 10860 to test 10920 - 10935 initially and above it we can see a test of 10980 - 11035 . Breaking and sustaining below 10750 we can see a test of 10695 - 10680 initially and below it we can see a test of 10630 - 10580.  Those who are holding longs should keep a cbsl of 10750 . Those who are holding shorts should keep a cbsl of 10860 .  Nifty has a strong resistance near 10765 - 10815 and we have got a close within this range now and it needs to give a strong close above it for higher levels in this month  . The coming week  will be volatile with Karnataka election results to be declared .


For the month of May , longs will get confirmed with a consecutive close above 10805 for a initial target of 10875 - 10895 and sustaining / closing above it we can see a further move till 10950 - 11020 .  Similarly shorts will get confirmed with a consecutive close below 10675 for  a initial target of 10605 - 10585 and sustaining / closing below it we can see a further move till 10525 - 10460 . Had mentioned in the previous post " Nifty has strong resistance in the zone of 10765 - 10815 for this month which has to broken and sustained for this upmove to continue else we might see a correction begin again from the mentioned levels ." , and Nifty gave a borderline close just above 10805 but we need a stronger consecutive close above it now to stay long .


Nifty Spot Levels for the week are

Long above 10840 , Tgt  10860 - 10875 - 10895

IF Nifty spot manages to get a close / sustain above 10920 then ,

long again for 10935 - 10980 - 11035

Short below 10770 , Tgt 10750 - 10735 - 10720

IF Nifty spot manages to get a close / sustain below 10695 then, 

short again for 10680 - 10630 - 10580

P.S. Always wait for the yellow highlighted levels to be crossed after taking a long/short position for confirmation of the trade . Once the highlighted levels are crossed and the next target is achieved move your Stoploss to the highlighted levels and keep trailing your stoploss .

If you want to see the post in your Inbox , kindly register by adding your email id in  the 'Subscribe to my posts' section on the top right side of the blog.

Disclaimer : These are my personal views and one should do their own research before entering any trades based on them  . The use of the blog is agreement that the blog is for informational and educational purposes only and does not constitute advice in any form in the furtherance of any trade or trading decisions.

Sunday 6 May 2018

Weekly Spot Outlook of Bank Nifty for 07th to 11th May

BANK NIFTY

This week Bank Nifty spot went up by 322 points before finally ending the week with a gain of 251 points compared to last weekly closing.


As per levels given for the previous week Bank Nifty Spot needed to sustain and close above 25595 to trigger uptrend and Bank Nifty spot needed to sustain and close below 25195 to trigger downtrend for the week. Bank Nifty made a high of 25716.75 and made a low of 25464.80 . 


As mentioned in the previous weekly post " Now in the coming week Bank Nifty needs to break and sustain / close above 25595 for a test of 25805 - 25855 initially and closing above it we can see a further move till 26035 - 26235 . Similarly on sustaining / closing below 25195 we can see a test of 24990 - 24935 initially and closing below it we can see a test of 24755 - 24555 . Those who are holding longs should now their trailing cbsl to 25195 and can hold further only on closing above 25595 with a further trailing cbsl of 25455 and look to book once near 25855 unless we get a close above it . Those who are looking to short should wait for Bank Nifty to sustain / close below 25195 or near 26035 -26235 with a strict cbsl of 26235 .   " , and Bank Nifty made a high of 25716.75 for the week . 


Now in the coming week Bank Nifty needs to break and sustain / close above 25805 for a test of 25975 - 26015 initially and closing above it we can see a further move till 26160 - 26320. Similarly on sustaining / closing below 25485 we can see a test of 25320 - 25275 initially and closing below it we can see a test of 25130 - 24975 . Those who are holding longs should now move their trailing cbsl to 25485 and can hold further only on closing above 25805 with a further trailing cbsl of 25695 and look to book once near 25975 - 26015 unless we get a close above it . Those who are looking to short should wait for Bank Nifty to sustain / close below 25485 or near 25975 - 26015 with a strict cbsl of 26225. 


For the month of May longs will be confirmed with a consecutive close above 25955 for a initial target of 26395 - 26510 and sustaining / closing above it we can see a further move till 26890 - 27310. Similarly shorts will be confirmed with a consecutive close below 25110 for a initial target of 24665 - 24555 and sustaining / closing below it we can see a further move till 24170 - 23750. 


Bank Nifty Spot Levels for the week are

Long above 25745 , Tgt 25805 - 25855 - 25905

IF Bank Nifty spot manages to get a close / sustain above 25975 then 

long again for 26015 - 26160 - 26320

Short below 25545 , Tgt 25485 - 25435 - 25390

IF Bank Nifty spot manages to get a close / sustain below 25320 then 

short again for 25275 - 25130 - 24975


P.S. Always wait for the yellow highlighted levels to be crossed after taking a long/short position for confirmation of the trade . Once the highlighted levels are crossed and the next target is achieved move your Stoploss to the highlighted levels and continue trailing it further .

If you want to see the post in your Inbox , kindly register by adding your email id in  the 'Subscribe to my posts' section on the top right side of the blog.


Disclaimer : These are my personal views and one should do their own research before entering any trades based on them  . The use of the blog is agreement that the blog is for informational and educational purposes only and does not constitute advice in any form in the furtherance of any trade or trading decisions.

Weekly Spot Outlook Of Nifty for 07th to 11th May

NIFTY

This week Nifty spot went up by 92 points and went down by 91 points before finally ending the week with a loss of 74 points compared to last weekly closing. Nifty had made a new life time high of 11171.55 in January and had corrected by 1200 points after that till 9951.90  .


As per levels given for the previous week Nifty Spot needed to sustain / close above 10725 to trigger a upmove and Nifty spot needed to sustain/close below 10660 to trigger downmove for the week. Nifty made a high of 10784.65 and a low of 10601.60 for the week. 

In the previous week had mentioned that " Now in the coming week Nifty needs to sustain and  close above 10725 to test 10755 - 10765 initially and closing above it we can see a test of 10790 - 10820 . Sustaining and closing below 10660 we can see a test of 106300 - 10620 initially and closing below it we can see a test of 10595 - 10565 . Those who are holding longs should now move their trailing cbsl to 10660 this week and can hold further on sustaining / closing above 10725 with a trailing cbsl of 10700 and look to book once near 10790 - 10820 incase we dont get a close above 10765 .  Fresh shorts may be entered this week on sustaining / closing below 10660 or near 10790 - 10820 with a strict cbsl of 10830 .  Nifty has a strong resistance near 10765 - 10815 now and it needs to give a strong close above it for higher levels in this new series . "  and Nifty made a high of 10784.65 near our exit given for longs and reversed .and gave a chance for shorts to enter with the cbsl given .  Nifty gave us 700+ points in our long trade from 10050 before we finally closed it last week . 


Now in the coming week Nifty needs to break and sustain above 10660 to test 10705 - 10720 initially and above it we can see a test of 10755 - 10800 . Breaking and sustaining below 10575 we can see a test of 10530 - 10520 initially and below it we can see a test of 10480 - 10420.  Those who are holding shorts should now move their trailing cbsl to 10660 this week and can hold further on sustaining / closing below 10575 with a trailing cbsl of 10605 and look to book once near 10530 - 10520 incase we dont get a close below 10520 . Fresh longs  may be entered this week on sustaining / closing above 10660 with a strict cbsl of 10630.  Nifty has a strong resistance near 10765 - 10815 now and it needs to give a strong close above it for higher levels in this month  . 


For the month of May , longs will get confirmed with a consecutive close above 10805 for a initial target of 10875 - 10895 and sustaining / closing above it we can see a further move till 10950 - 11020 .  Similarly shorts will get confirmed with a consecutive close below 10675 for  a initial target of 10605 - 10585 and sustaining / closing below it we can see a further move till 10525 - 10460 . Had mentioned in the previous post " Nifty has strong resistance in the zone of 10765 - 10815 for the coming month which has to broken and sustained for this upmove to continue else we might see a correction begin again from the mentioned levels ."


Nifty Spot Levels for the week are

Long above 10780 , Tgt  10805 - 10825 - 10845

IF Nifty spot manages to get a close / sustain above 10875 then ,

long again for 10895 - 10955 - 11020

Short below 10700 , Tgt 10675 - 10655 - 10635

IF Nifty spot manages to get a close / sustain below 10605 then, 

short again for 10585 - 10525 - 10460

P.S. Always wait for the yellow highlighted levels to be crossed after taking a long/short position for confirmation of the trade . Once the highlighted levels are crossed and the next target is achieved move your Stoploss to the highlighted levels and keep trailing your stoploss .

If you want to see the post in your Inbox , kindly register by adding your email id in  the 'Subscribe to my posts' section on the top right side of the blog.

Disclaimer : These are my personal views and one should do their own research before entering any trades based on them  . The use of the blog is agreement that the blog is for informational and educational purposes only and does not constitute advice in any form in the furtherance of any trade or trading decisions.