I especially try not to catch a running vehicle as it is always scary & you may fall on your face. From previous update we expected an up move for this wave-ii to complete & happy that the job is done- Bang on Target!
ETF's - Exchange Traded funds
An ETF, or exchange traded fund, is a marketable security that tracks an index, a commodity, bonds, or a basket of...
B-Wave Triangle when done with E-wave-suggested that Nifty is looking weak. Currently wave-i was done retracing in wave-ii --expect a giant wave-iii next.
This is how we moved in 2016
In all charts below -click the charts & use load bar feature
B-Wave Triangle About to...
These B-Wave Triangles are amazing once identified- it can really show you the way-which it did here as expected. We are early in the start for a down move -likely we will get a bounce to digest this fall later to start the excitement downside.
Leaked from E-Wave Top
This could be an important clue for India Nifty- How India ETF is shaping out.
It's an A-B-C sequence for the India ETF (MSCI) where the B - wave is a triangle which is close to finishing its triangle shape & correction could unfold for the ETF & shall be confirmed once the swing low@53 gets broken -in that case Index shall be heading down in a C - wave of the...