"PRICE ACTION FIRST, NEWS WILL SUPPORT THE PRICE ACTION TO REACH ULTIMATE DESTINATION"
Now everybody use to say because of "Spectrum News" big fall on IDEA.
No, Sorry, refer our 25th January 2014 post on Idea, clearly mentioned, IDEA bull are dead.
Always remember one thing, "Price Action First indicates the trend, News will support to take the trend to the destination. This is what has happened today with IDEA, ultimately reached the downside Target.
Let us concentrate on Levels instead wasting time on "News"
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