Look at the TTI chart of Reliance capital. The day after Reliance Capital gave a SHORT signal, the Banking License news broke out. It went above three days high. TTI was bold enough to keep the SHORT signal it gave the previous day. Now it is about to test the recent lowest low.
TTI cannot be cheated with a news break. It does not care such things. It is only concerned about the quality of price action…
Note: By the time I wrote this, it has already breached the lowest low. So, trust the TTI…