Updated

Nifty

Just a little more DETAIL with the same chart posted a while ago with the " WILLIAM R%" indicator on a Monthly basis. Watch the RED Lines I have drawn...... To Me it shows a prolonged course od higher highs till Something Breaks . Just be cautious is all I am saying. I am not trying to scare anyone.

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In my experience of all these years................ Stocks/Bonds/Markets USUALLY make a ""3 TOP""" structure and then fall....

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I PERCEIVE NIFTY MAKING A TOP FOR NOW AT/BETWEEN 22700-23200 RANGE THEN A MASSIVE DRAWDOWN BEFORE WE MAKE THE LAST MOVE UP TOWARDS 39000

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THE DAY BANK NIFTY MAKE A HIGH TOWARDS 50000-50300 APPRXX..... THAT SHOULD BE THE TOP FOR NOW

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Let me explain this to you ALL in a different way. Every RISE/FALL MUST HAVE A 5 wave structure..... THIS IS A MUST. Now go back to the chart I have posted.... and NOTICE something...... I have marked 1/3..... indicating wave 1 done. Then an ABC.... Now this ABC is basically a 3 wave move which will subdivide into a 5 wave structure. With A having been done, the "" B "" will subdivide into 5 waves, hence minor "" ab"" is done OR the " b " is about to be done with a higher high. Instead of an ABC, you can mark this is a 12345 upward structure.... The day the 5 completes, we are SURE to have a Massive FALL

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I don't WANT anyone agreeing with my ideas. For Gods sake get alive and kicking and think. We are all here as a community and helping each other. I could jolly well have asked each one of you to subscribe to Me and PAY a fees. I dont do such things as I know what it feels to loose everything to the market. All I want is some sensible counter argument to what I am posting. I need to keep my Mind ticking as well instead of having """ I AGREE "" all the time

deepgups

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deepgups