04 JUNE 2018
The weekly Elliott Wave commentary with Targets and levels is published every Sunday to Subscribers,
This is only an excerpt of our observations from recent publications.
MEDIUM TERM
NIFTY ELLIOTT WAVE UPDATE
This weeks video says it, Midcaps lead the way, but even more the Small Caps are the weakest of them all. So after what looked like a 5 wave decline to the 22/05 bottom in the Smallcap indices, today these indices broke the 22/05 lows indicating wave extentions and a 3rd wave down starting. These indices
have already been falling for 5 consecutive weeks and the trend is not ending, they remain lead indicators of the market. The question remains when will the Nifty catch up, because, the longer it takes the bigger the catch up needed. READ MORE
