Saturday, July 17, 2010

DOW,

NIFTY
before some days i have allready told that ----- i am in bearish means if u see the upper level could be max. 5500/20 and on downside 4800 levels. so according to my pattern C wave should be near 4800 / 4750 levels .
MSCI EMR ETF ( emerging market index )
it indiactes fresh down fall will be happened as dow chart.
USDINR
Recent down fall could be the 4th wave as shown in chart and may touch 48.5 levels in near fut.
DOW
according to my pattern C wave should be near 9300 levels as allready said before. & recently candles pattern near strong resitance line indicates bearish as well as Wave pattern also. but we look on MACD ,RSI indiactors which r showing positive divergence for bull so i think we will see huge bullish after touching previous low or 9300 levels.