HI, SURESH ON 19/08/2016 NIFTY FORMING NEW HIGH OR NEW LOW
Hi, Please do not treat the eclipse pattern as a precise reversal tool.Aug 19 is actually a pseudo eclipse.That is why I have shown it in dotted lines.Moon's shadow actually does not fall on Earth on Aug 19.The first authentic eclipse is the Solar one on Sept 01.If you observe closely, you can see medium term trends getting terminated close to the eclipse dates.So watch for your technical signals.And if the eclipse does not produce a reversal, that also is a powerful signal....that the markets will shoot up further.So the technical signals will be reliable at this time zone.One more request...Please reveal your identity. Iam uncomfortable replying to unknowns, anonymous.....Let us be knowable!
what does this mean? Market reversal won't happen before 1st sep?
Eclipse is not a precise date signal.It is a reversal time zone.This is a caution signal that close to eclipse date, either before or after, market could top out.Technical reversal signals which come now could be more reliable.