Friday, December 23, 2011
Thursday, December 8, 2011
Wednesday, November 30, 2011
Tuesday, November 15, 2011
Sunday, October 30, 2011
Friday, October 28, 2011
Thursday, October 27, 2011
Sunday, October 23, 2011
Sunday, October 2, 2011
Saturday, October 1, 2011
Nifty long term flat interpretation...
Wednesday, September 28, 2011
Saturday, September 24, 2011
Wednesday, September 21, 2011
Tuesday, September 20, 2011
Nifty Sep 20 EW trend lines...
ASSUMING we are in Wave 4,
4.A = 4720-5170 = 450 = 7 days
4.B = 5170-4910 = 260 = 58% = 3 days
Expected 4.C = 5190 ( 61%*A ), 5360 ( A ) = 5 days
4.C.a=4910-5145=235
4.C.b=5145-5020=125 = 53%*A
4.C.c=5165 ( 62%*a ), 5255 ( a ), 5400 ( 1.62*A )
Wave 3 was 1000 points and 23 days.
Wave 4 is usually .38 of Wave 3 ( 380 points ) and same or more timeline than Wave 3.
If Wave 4 exceeds 5320 ( which is 50% of Wave 3 ), Wave 5 failure is possible.
So to me, if in 2 days we get to 5250, then 4.C and 4.A are same timeline
and 4.C covered good amount of 4.A. But Wave 4 will be short by 6 days when compared
to Wave 3. So possibility that we could meander in 4.C.c.(iv) for a long time ( 2-3 days ).
These are just my thoughts. And this could be off by a long margin too. DONT TRADE
BASED ON THESE.
Monday, September 19, 2011
What is going on S&P long term ?