22 July 2019
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
The month is not over but we are going to get there in a week. the MACD on monthly charts is about to swing back to the sell side, meaning that the indicator goes back below its own 9 day exponential moving average. A sell signal is one thing but a negative divergence that precedes it can add weight to the signal. Yes you need price confirmation for such events. But we do have a negative divergence where Nifty made a higher high in May that was not
accompanied by momentum indicators doing the same ... READ MORE

LONG TERM
THE LONG & SHORT REPORT :- The Long Short Report is a market timing report looking at the Long term and
Medium term trends developing Across asset classes from Nifty to Gold, USDINR, Dollar index, Dow, S&P, Commodities, Interest Rates and a total market perspective in light of the Long wave cycle and what stage of the cycle we are in.