Wave wise, it appears that the complex correction continues to move down the channel in a falling wedge.May be there is one more down move on the cards before we finally put down the alphabet e.( for e wave).Whether we will have two more legs ( smaller than e) - f upwards and g downwards or we begin Wave B upwards, remains to be seen.
It is fascinating to observe S&P operate a wedge of the diametrically opposite type as seen in Nifty. We see a rising wedge in S&P....
Meanwhile, a wonderful Holi for one and all...Let the hair be let down and let the Universe dissolve in riotous colours...which will permanently remove all drabness and dreariness from our lives!
11 comments:
Wishing you & your family a very colourful
& Happy Holi Suresh Ji.
Regards....
Same to you my friend.Let this Holi fill you with vibrant colours, essence which stay with you year long!
Warm Regards
Suresh
Good Morning Suresh Ji & Happy Trading.
Suresh ji what seems now?
Regards
Amit Sharma
Dear Amit,
We were expecting 5673 remember? One more down move on Monday should complete the picture. We should be completely out of the wedge also by then. Going long on Monday`s lows ought to be good.
Warm Regards
Suresh
Risk now increases on to the short side. Next turn date is only in the second week of April.
Suresh
Thanks Suresh Ji.
Reagards ,
Amit Sharma
*Regards
Hi Suresh
Shall i know, April month we may face anywar or natural disaster? some Astro prediction causing possible attacks and unexpected warfare and major share market downfall. is it true? Pls ref http://www.galacticcenter.org/world-predictions/world-predictions/news-from-the-stars-april-2013.html . pls explain.
Dear Kiruthika,
Iam not a mundane astrology expert. With whatever little I know, let me tell you this much:
While whatever astrological positions mentioned in the article are true, there is also a concept known as check mate.
For example when Jupiter moves into Gemini on May 31, immediately it will check mate Saturn, be because Jupiter will begin to aspect Libra.Saturn will not be able to aspect Gemini.
On July 18, Neptune will trine Jupiter.Neptune will trine Saturn as well. Jupiter and Mars will trine Saturn.As you know trine is a positive energy. And when larger planets start forming trines, either negativity reduces or genuine attempts will be made to find solutions.
For example the world is going through a severe debt crisis which keeps erupting in unexpected ways since 2008. We all know the Astro reasons are the 7 signatures of Uranus Pluto.If you notice things did not fall apart. In March 2009, when Jupiter and Neptune came within the customary 8 degree conjunction orb, effects of Ben Bernanke`s quantitative easing programme began to be felt in all world markets.Fed had accumulated $1.72 trillion worth of assets by then. While every body cried hoarse that it was a hare brained scheme and that inflation will sky rocket and what not, the Astro check mate effect was that a global melt down was prevented. Considerably less number of people were affected compared to the Armageddon which was predicted.
Another case in point is the Mayan Calendar and end of world story. Very rarely I have seen negative effects completely taking over or the other way round. Nature does balance in these things as well.
Thank you for your query and giving me an opportunity to express my view point. I have great respect for Joni`s analysis and do not think that Iam taking away any credit from her for the fine analysis which she had put out.
Warm Regards
Suresh
Dear suresh Thanks for your explaination. really simply superb
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