Can anyone please explain me why this Fib Time Zone is working in the reverse order and what can we predict for the future of NIFTY? NSE:NIFTY
I have used heikin Ashi for trend and Fib Time Zone but it starts from end.
So first of all while markets were crashing during march we saw them crash in a perfect Elliot wave of 0.A.B.C. , later the price correction occurred in a Elliot triple combo wave while being inside a Quarter-Circle which means slowing down of Momentum.
After when the Momentum Approached Zero the markets were meant to crash all the way again but due to the...
Guys, Please don't be trapped and go bullish on hearing the news of Positive Vaccine outlook, S&P is just testing the level of 2950 for the third time, but it can never break it out, rather this would be a good time to go Short.
Remember the old Saying Sell on Highs. TVC:SPX
So here is another analysis to time the inception of another crash if we look closely the market started to fall in march when hey resided inside the blue circle of 1.618 they kept falling until they reached to the center of the circle or at 0 Diameter. now look closely when they started to rise there has been a short chnge in trend whenever the market exited an...
So here i removed all the noises by using 1 Week Candles, as you can see after the almost 40% decline from the highs of Nifty, it was able to bounce back( retrace ) almost upto the 0.5 level 9889.
Now as we already know that the Nifty and all share markets are in lower trend (Use 200 MA to confirm) so it again will start moving down after the price correction...
I said earlier today as soon as the Index leaves this box the second wave of crash is Inevitable and so here it is . Even the Vix Index is high at 37.02% at this time, get ready for a major crash now within 2 weeks.
