Posted by madaneag on 29th of Jul 2010 at 02:15 pm
i follow indian market a lot. I do not understand much of elliot
wave but one of
elliot wave guys for indian market whom I have been following
for couple of years
and he has been pretty good says that the indian markets
(sensex)is about to
complete a symetrical (
A“Symmetrical” is a new pattern that exists under NEoWave
Theory,) pattern of a-b-c-d-e-f-g-h-i and hence it will complete a
larger B and then
will start a larger C downward. I have taken a short with a stop
above 18500 based on this.
Weekly Oscillators are in negative mode.
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Foreign Markets
Posted by matt on 29th of Jul 2010 at 01:47 pm
Been watching Thailand with amazement go up and up and up
Thailand chart
South Korea strong too, though maybe a bear wedge is appearing
Belgium forming into a triangle
India - small wedge but made new high
i follow indian market a
Posted by madaneag on 29th of Jul 2010 at 02:15 pm
i follow indian market a lot. I do not understand much of elliot wave but one of
elliot wave guys for indian market whom I have been following for couple of years
and he has been pretty good says that the indian markets (sensex)is about to
complete a symetrical ( A “Symmetrical” is a new pattern that exists under NEoWave Theory, ) pattern of a-b-c-d-e-f-g-h-i and hence it will complete a larger B and then
will start a larger C downward. I have taken a short with a stop above 18500 based on this. Weekly Oscillators are in negative mode.