KISS like McGrath

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robin_malihan

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Hi all the wolves

Bearish wolfe on SENSEX activated today..... :D

Target for Sensex is 12011.

See chart for pre-warning signs of this crash

Take care :eek:


Ajax :cool:



duniya lutne kai baad bolte ho ki bearish wolf jaag gaya hai ..............:D
 

winstonn

Well-Known Member
Hi all the wolves

Bearish wolfe on SENSEX activated today..... :D

Target for Sensex is 12011.

See chart for pre-warning signs of this crash

Take care :eek:


Ajax :cool:
Hi Ajax,

there is no Time symmetry between point 5 and 1-3........
this is not a proper wolfe wave! if there would be a crash that's not because of wolfe wave!!!!

Take care,
Winston
 

Ajax

Well-Known Member
Dear Winstonn

Bearish Wolfe on SENSEX was spotted ~ 1mth ago.
http://www.traderji.com/technical-analysis/12686-kiss-like-mcgrath-25.html
However, there was a blow out rally of ~ 800 points after that. Now in no time it has again returned below 1-3-5 line, hence I call it "reactivation of bearish wolfe"...
Before May 2006 I had seen similar wolfes on individual stocks with blow out rallies only to crash below 1-3-5 line and achieve the epa target.

Let us see how it pans out

Regards

Ajax
 
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robin_malihan

Guest
see my nifty chart 1,3,5 treand line and 2,4 treand line r diverging..........
which is not happening in your chart plz explain ajax sir
thanks in advance
 
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robin_malihan

Guest
sorry forgot to attach that time


i am taking data from technical trends (sudershan sukaanni)
 
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Ajax

Well-Known Member
Hi all

GE shipping has withstood the Sensex crash & it is now consolidating. :)

Why will it reach its next target of 406 ? :confused:

See chart

Ajax

PS: Dont worry, be happy :D
 
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Hi Ajay,

I have been following your technicals 4 quite some time. Regarding the GE Ship What I feel is the formation of Wolf (Bearish) with fifth point being extended and reversal given by Bearish engulfing candle. the target below 300. What do you say? Tell me if I m on right path?

Sanjyot
 
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