selvamB

selvamB Updated 

When the Whole world needs to take some breather , Hong kong is an exeption. Elliot wave count is somewhat tricky but I tried my best. Wave Y (double zigzag) completed on Feb2018 . This index took 2 years time to form its first leg of correction(wave a of 'X' wave) The proceeding Wave b,will have a time target of July 2021 At...

selvamB Updated 

c4 wave should take the nifty to 14912 on monday(5th April)where upper hands unload their longs and add shorts Let us be on that side ,we do take shorts for a while targets given enjoy trading B.selvam, Neowave analyst

selvamB

4060 is the key level to reach by S&P500 futures to decide its further bull run. REASON ; c5=c1+c3 LOGIC; B wave over extention limit is 4060 CONFIRMATION ; next week monday selling from this leveLl NEAR TERM BEARISH as (4b) recovery completed and next (4c) will begin DOWN to 3720 next week SELVAM, NEO WAVE ANALYST

selvamB

The chart give you all details of ELLIOT wave count for NYMEX light sweet crude futures. I noticed that his commodity recovered in 'V' shape from ABYSS(3rd of3of wave5) and erased all its losses to $60 But this recovery has one more test for final wave C5v, I assume that this will finish nextmonth (april)for 0.618 times of c5i at $46 comments are welcome

selvamB Updated 

NEo wave Analysis & time cycle is the best way to forecast the next move . My previous analysis (3600) postponed for a fortnight. The next achievable target (5th wave of C)within 2 weeks time is 4100 So , Get into the bulltrain for sometime.. Enjoy trading , Enjoy life, TRADE to LIVE SELVAM,B BE,MBA Neo wave Analyst

selvamB

Ongoing correction in COMEX gold futures will aggravate if it breaks bullish support line($1655), and may free fall upto 1506 within 2 weeks.

selvamB

An unknown friend asked me to put a chart on 'GEELY AUTO' I can read any chart using NEO wave technique and able to plot the next move with timing. Most important is I refuse to use any indicators rather HATE all kind of nonsense which will not give you any FORECAST. ENJOY trade well SELVAM.B. Engineer ,,Trader,,,Analyst

selvamB Updated 

As my chart explains everything, no words needed to explain , that simple ELLIOT wave principle will tell you what's happening NOW. TESLA will not make new high now. ALL car manufacturers in the world clossing their IC engine plants Young traders buying in a hurry to accumulate this stock BUT will not knew that one more DROP is there. ER.Selvam.B Neo...

selvamB

Chart explains what to do on next week(29 th apr,Monday) selvam b option buyer

selvamB

COVER all your longs on the expiry day(25/3/21) , ELLIOT wave count tells me that after c4 (34900) there will be swift c5 to unfold upto 31500. Reason ; c3 is extended more than 1.618 times of c1 Conformation;c4 should not get into c1 trough ,RED LINE selvam b neowave practitioner

selvamB Updated 

I explored almost all my knowledge to prepare this GREAT S&P 500 chart for our TRADING VIEW mambers The index is in 4th Wave of GRAND SUPER CYCLE. usually 4 th wave will be a simple FLAT. BUT due to QE by FED and Artificial liqudity by Policy Makers , the impact of ressesion (wave...

selvamB

S&P 500 (ES1) is exhuasted with all fuel burnt. Now , This index will test its final push of 4050/4000 next week.(march last week) After CORONA fall ,wave(A) , this entire recovery wave termed as wave(B) which gone beyond the start of wave(A). (irregular FLAT correction) The next one will DISTRIBUTION WAVE called wave (C). which has 5 legs down and 3 legs up(...

selvamB Updated 

On TODAY (15/03/21) NIFTY completed its 4th leg(waveD) of the Great NEO wave's EXTRACTING TRIANGLE pattern This is a TERMINAL pattern which has 5 legs(marked in yellow) , The uplegs (A,C,E) are shorter than previous, and Down legs(B,D)are larger than previous legs. This phenominal distribution pattern Iis tricky for traders and those understands well can make...

selvamB

Wave 'C' emerged as a DISTRIBUTION patten(FLAT) unlike SHARP REVERSAL(ZIGZAG). Here you have 5 good opertunities for both long and shorts( as we PA traders like to trade both sides) Blue line is expected path of NIFTY next week (approximatelly). It is normal to have a FLAT pattern after a CLIMAX rally where more YOUNG traders rushing to 'BUY' the shits of MONKEY's

selvamB

UPDATED 4 hrchart of S&P 500. See how price action of 4 th leg is changing the wave pattern in to BULLISH. if correction ends at 3818 on 11th march 12.30 (IST),BUY

selvamB Updated 

S&P500 is reluctant to fall as we think before, Both price acion and Neo wave analysis carried out , 70% of wave pattern completed, Today's price action (break out of c4)changed the previous view of reversal..

selvamB

AS we fix the path of rocket by calculating velocity and time , I tried my level best to project the path of NIFTY with PA analysis .

selvamB

JUST I described the path of E-mini,how the reversal Could Happen as per Price action Analysis