The cycles from 102.47 appears to have completed and pair is in wave X. The trend & cycles are positive so we don’t like selling the pair but corrective dips in 3, 7 or 11 swings ideally toward 103.59 – 103.95 area would offer a buying opportunity. This view is valid as far as pivot […]

The cycles from 101.60 should be ending with a test of 105.34 after which pair should make at least a 3 wave pull back. The trend & cycles are positive so we don’t like selling the pair and favour buying dips in 3, 7 or 11 swings after wave ( 3 ) completes.  

The cycles from 101.60 should be ending between 104.90 – 105.41 after which pair should make at least a 3 wave pull back. The trend & cycles are positive so we don’t like selling the pair and favour buying dips in 3, 7 or 11 swings after wave (( w )) / ( 3 ) […]

We think wave ((B)) completed & after further strength toward 10081,  we see another 3 wave drop toward 9600 in B as the next chance to get into long positions per the primary view.  Cycles are positive so we don’t like selling the Index in any proposed wave (( iv )) or B pull backs.