May 1st week
Vs.
March 1st week

Market breadth speaks louder than SGX nifty.

The Haas / Force India argument is fascinating, and the decision of the stewards may still have consequences. The first key finding is that the stewards ruled Racing Point Force India to be a valid constructor. That means that it builds its own cars.

Haas had argued that the cars had been designed by Force India, but as Haas knows only too well, "outsourcing" is legal. The stewards decided that "there is no regulatory support for the argument that Outsourcing of Listed Parts cannot come from a former or excluded team."

In determining this, the stewards also came to the following conclusion: "In relation to the submission by the Racing Point Force India F1 Team that it is not a new team, the Stewards decide that the Racing Point Force India F1 Team is indeed a new team."

This will have a big knock on effect for Haas in its continued arguments over the rights of RPFI as relates to its eligibility and rights under the complex payments structure. Haas has argued all along that RPFI should be treated as a new team and tread the same path that it did.

TLDR? Haas lost the fight but may have won the war. In having its argument that Racing Point hadn't designed their own car thrown out, they gained clarification that RPFI was a new team.

(1/3)

I am using only one indicator in the chart.
i.e DC(20) = Donchain Channel
I use 3 min chart and the DC period is 20, so DC high is basically the last 1 hour high & DC low is the last 1 hour low.
The middle line is the median of high and low.

(2/3)

Donchian channels are mainly used to identify the breakout of nifty/BNF.
We can take directional bias based on the indicator.
If nifty is breaking DC high, can take bullish view.
if it is breaking DC down, can take bearish view.
if it is in between, can trade range-bound.

(3/3)

We can monitor nifty/banknifty futures with volume along with DC.
If the volume is 1.5 to 2 times the average volume and if DC high/low is taken out then it can be a strong bullish/bearish signal.

Shy people are either overthinking or highly observant of the social setting.

And in many cases it can be both.

'So what do I do?'

You learn the 75/25 law.

'What is that?'

The law of charisma...👇

Let's address the over thinkers first.

Do you have any idea why you overthink?

'Yea. Because others are judging how shy I am.'

Incorrect.

Others are thinking about themselves, not you.

But the fact that you think they are thinking about you, you fuck up the interaction.

Now you stay in your head too much & avoid the present moment.

A major no no in the social world.

Your tendency to think that others are judging you for being shy, coincidentally makes you more shy.

And that's when you start giving off a strange vibration to the social setting.

This is when you begin attracting comments like 'why are you so quiet?'

So when it first appeared in Normandy, the Sherman Firefly and it's meaty 17 pounder represented an ideal combo of reliable chassis, great gun and devastating firepower right?

Ummm...

Truth is a bit more complex. /1
#WW2 #SWW #History

Deliveries of Firefly to units only commenced in April 1944,
just a few weeks before Overlord & left minimal time for familiarisation.

Armoured Regiments mostly utilised Fireflies on a basis of 1 per troop of 4 tanks. /2

Finally each armoured regiment troop had access to integral, meaty, anti-tank firepower capable of dealing serious damage to any German AFV likely to be encountered. /3

The dual purpose 75mm gun was quite capable of laying down a reasonable HE shell or AP round for dealing with Panzer III or IV.

Firefly's 17 Pounder had.... problems with HE, but excelled at tank killing. So Tigers and Panthers would need to be wary. /4

Firefly's design history dated back to March 1943 when the General Staff published "Policy on Tanks" which effectively stated the majority of tanks should have a good HE weapon and...

[See image below] /5

One thing that makes this #Khashoggi story difficult to assess when it comes to who's responsible is that there are different factions within Saudi Arabia constantly jockeying for power. It's not one monolithic thing.

Bin Salman heads only one faction.

Mohammad Bin Salman [MbS] not only has to deal with states in the region that want to thwart his plans for Saudi Arabia [SA} & the Middle East [ME] such as Iran, Turkey, Syria, Russia, Quatar...he also has people inside SA itself that don't like his reforms or agenda.

So when the narrative gets presented that "The only way Khashoggi could end up dead is on the direct orders of MbS" you might want to keep this in mind.

There are SEVERAL ways Khashoggi could end up meeting his demise at the hands of Saudis not working on the orders of MbS.

Powerful factions within SA, several of whom do not like the Crown Prince's reforms or the fact he was promoted to his current position ahead of others in the royal family, could have done this in the hopes of pinning it on MbS.

Too many false/fake news stories came out of Turkey in the past week to say anything further. This latest news comes just after it was reported Pompeo heard an audio of the killing that was quickly walked back in less than a day.

/end