We have been using Time cycles for many years along with advanced Elliott wave – Neo wave analysis. It not only helps us to understand the probable counts but also time the market for major reversals. The top was captured amazingly using this cycle and low as well this time.
It is necessary to provide proof as there are many who make false claims. Now below is the gist of research we published on 8th October in monthly research followed by on our website on 24th October 2018. Read the following very carefully –
Time cycles: The cycle top was formed early and now the bottom is only by 1st or 2nd week of November. Volatility is going to be high and one has to be quick in booking partial profits and trailing remaining to make the most out of the ongoing trend. The next cycle low will be in November and before that we should start seeing reduction in volatility and some base formation. So, are we starting this bottom pattern formation?
In case you want to read the research published in October 2018 in totality – Here is the link
Nifty Time cycles anticipated on 8th October 2018
Nifty daily chart: Happened so far
Nifty moved precisely as expected and continued to inch higher after forming a low. The base formation was indeed seen post the low formation and the November started with the positive bias as we expected. Time cycles cannot be more accurate than this.
Read below for yourself what we forecasted again on 8th November 2018 –
Path ahead: As 55 days cycle is now reversing on upside there is a possibility that for 15 to 20 days we might see a positive bias on the market. This does not mean that the rise will continue to be strong. The ongoing up move is now wave b and will retrace a portion of wave a. We are showing Fibonacci retracement in figure 4 and 61.8% level is near ……. This is closer to the red channel and the left shoulder. Also the Gann level of 180 degree square is near …… levels. The high of prior month is at ……… So there are cluster of resistance levels near ………… and so the ongoing wave b might remain limited to this zone. Post completion of wave b we will see start of wave c on downside which will break ……….
The above clearly shows the power of Time cycles and if applied prudently it will assist in timing the market and on occasions to the day. Imagine if you are able to capture a turn after a fall of nearly 1700 points on Nifty just based on Time cycles. This is not new to us as we have a proven track record to capture the lows and tops time and again.
Get access now to the monthly research report – The Financial Waves Monthly update and see yourself the detailed analysis and where is the current rally going to fizzle out. Check here
Imagine the power when you combine Time cycles along with Advance Elliott wave – Neo wave. You can learn these methods for yourself in the upcoming training on Neo wave and Time cycles for the first time in Ahmedabad on 24th & 25th November 2018. Only a few seats left. Register here.