deepgups

deepgups

Sgx has achieved one set of waves marked 1 a b 2 ( 3 waves) in Black Arrows. This is on an Hourly basis. It is to be seen whether the next set of waves will make 1 a b a b 2 ( 5 waves)marked in Blue Arrows

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Here is a TYPICAL CHANNEL DRAWN ON THE SGX LIVE AS I WRITE THIS and what happens when price breaks below Lower TrendLine

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3rd in the Line of Tutorials. LEARN TO DRAW CHANNELS 1. A channel is drawn by joining at least 2 point on the Lower side ( representing the LOWER TREND LINE OF THE CHANNEL) and at least 2 points on the UPPER side( representing the UPPER TREND LINE). 3. The dotted Blue Line becomes the midway@ MID MEAN LINE. 4. A channel cannot be CONTINOUS in Nature and will...

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Good Morning. Today I am going to show you all how to use SIMPLE TOOLS and do your trading. 1. Plot SMA indicator which has any 3 SMAs in it. For example lets say 50,100,200 Smas. 2. Change the period to 12,21, 30 . Which means that 50 changes to 12, 100 to 21, and 200 to 30 SMA. Now save the changes. 3. Now look at this Daily Chart of Nifty. What do you see????...

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The DJIA as is unfolding in the Current wave clearly highlighted by the RED ARROW and how to play this Swing

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I am still sticking to the HOURLY analysis, which has become highly Interesting. 1. The chart IS, AS WAS POSTED YESTERDAY, however I have added 1 dimension marked by 4 PINK/RED ARROWS, which Represent ''abab"" coloured in blue ( minor waves) within this Larger corrective wave, wherein on the LEFT is the Fibbonachi for the UPMOVE and Right for the DOWNMOVE. At...

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So today I have gone deeper into the CURRENT WAVE STRUCTURE on an Hourly basis rather than a Daily basis . Marked in PURPLE are the DAILY SUPPORT LINES. In ORANGE the HOURLY RESISTENCE LINES, and in LIGHT GREEN, The AREA where all Suckers will get SUCKED in. 1. Too Many today must have marked the Gap down as ABC/ 2 done. Well is it done yet??? The answer is NO,...

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I have put more focus on the current wave on ""DJIA"", wherein I see that wave 1 up is done and we are in wave 2 down. Makes me also believe that when I see the pattern/ structure of NIFTY, both DJIA and NIFTY have more or less IDENTICAL setups. Assuming this to be TRUE, I am personally of the opinion that the Markets are in a Tearing Hurry to achieve Higher Highs...

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Let us now Look at the CURRENT WAVE STRUCTURE and understand what is going on. The current wave Labelled as 1/5, has been marked as I see best, where in to understand the outcome of this current wave playing out, ONLY 2 possibilities exist for its retracement. 1. That we have completed the LARGER 1 of 5, and are currently in wave 2 of 5. So how must we know...

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I am putting forward for your understanding of the ""DJIA". Wave counts marked AB4, are Bullish Counts wherein 4 represents a WAVE 4 Bottom. Marked WXYX ( to be followed by Z has not been marked yet), these show Extremely Bearish Counts. The circle marked in RED represents the Current wave and here is my PERSONEL opinion . We are into 1/5, wherein, within this 1,...

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I am Going Bullish at every Dip on the Index. Since it is difficult for Me to track each and every stock, I am putting down my view on the Index Only. The Rise from 15200 to 17992 Must be Labelled as wave 1/5. What we are currently going through is a wave 2/5 down. This typically will be an ABC wave ( subdivided into 5 minor waves). To Me the zone of 17310 to...

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A selloff came today as was suggested this morning on the Indices. How will we now know whether we are getting into a BEAR Market? The current wave as marked 1 done and 2( A) in play MUST come and Halt ON the figures shown in the Rectangle. If indeed we are getting into a Bear Phase, Nifty will make an ""A"" down, retrace for ""B"" up and Fall sharply again to...

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Dear Friends, I have come onto the forum after a very Long time. Please remember WAVE X typically does not cross the previous minor iv. Even if it does it must take out this zone for a meaningful Rally, else we are headed down to complete WAVE Z

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Providing the Nifty analysis as well. The same principles apply, wherein AB4 represent an uptrend. however the bearish counts are represented by WXYXZ. a condition exists as per EW. Wave X MUST cross the minor wave iv and sustain above it for a meaningful rally

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ARE WE DONE WITH THE DOWNSIDE ????? I SERIOUSLY THINK SO

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AN INTERESTING STORY @ DOW JONES 1. DARK BLACK LINES INDICATE THE UPPER/ LOWER TRENDLINES 2. THE THICK BLUE LINE INDICATES THE MID MEAN BETWEEN THE 2 T/LS 3. THE THIN ORANGE LINES ARE SUBDIVISION BETWEEN THE UPPER/LOWET TL N THE MID MEAN

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AS SHOWN ON THE CHART

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in continuation