Always, the correlation is not with one planet. The final market move is a composite summation of all planetary energies working together. So jupiter entering Virgo, Saturn turning direct, conjunction of Mars and Saturn, Uranus retrograde, Saturn squaring Rahu and Sun..we have to read them together.
Hi Pawan, Iam not implying a prolonged down trend! Iam only showing that the current uptrend which has been up, up and up will reverse for a few weeks..maybe upto a fib ratio of the uptrend and then the uptrend should resume again into 2017.
is it correlating with Jupiter entering virgo
ReplyDeletebanks may get set back ??
Always, the correlation is not with one planet. The final market move is a composite summation of all planetary energies working together.
ReplyDeleteSo jupiter entering Virgo, Saturn turning direct, conjunction of Mars and Saturn, Uranus retrograde, Saturn squaring Rahu and Sun..we have to read them together.
So fall starts from 2nd half of Aug not from sept
ReplyDeleteHi Pawan, Iam not implying a prolonged down trend! Iam only showing that the current uptrend which has been up, up and up will reverse for a few weeks..maybe upto a fib ratio of the uptrend and then the uptrend should resume again into 2017.
ReplyDeleteHi Suresh,So do you think nifty will touch 8840 before downtrend starts?
DeleteThat is what the chart above indicates.Momentum on long term is also bullish.Rest, you never know!
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