Our guiding light now is:
.png)
Rest as we proceed--
!0 AM
.png)
12.43 PM
.png)
1.35 PM
Donot hurry to go long as limits of Flat have been violated:
.png)
The fresh labels have to be something like this-
.png)
So (iii) of Ya is still continuing and one more round below 4956 is coming soon--
2.00 Pm
Best time to go long is NOW.
SL at 4940
EOD
so the last leg of (iii) of Ya should be seen as follows( we thought it ended yesterday at 4956 but it continued today also)
.png)
And that leaves Ya started from 5342 with following labels:
(i)-5342-5154=188
(ii)-5154-5279
(iii)-5279-4950=329(175%)
(iv) to start retracing (iii) now--- if 38.2% then target would be 5075---
.png)
.png)
!0 AM
.png)
.png)
Donot hurry to go long as limits of Flat have been violated:
.png)
The fresh labels have to be something like this-
.png)
2.00 Pm
Best time to go long is NOW.
SL at 4940
EOD
so the last leg of (iii) of Ya should be seen as follows( we thought it ended yesterday at 4956 but it continued today also)
.png)
And that leaves Ya started from 5342 with following labels:
(i)-5342-5154=188
(ii)-5154-5279
(iii)-5279-4950=329(175%)
(iv) to start retracing (iii) now--- if 38.2% then target would be 5075---
.png)
guruji,
ReplyDeleteprice action is confirming that 3rd may have ended and u have mentioned it too. the 5279-4957
impulse have 2 waves extended or u r treating it
is unlabellable??
Dear PS
DeleteIna wave two extended are rare--almost an impossibility --so donot look for that--- usually 3rd gets over-extended and that confuses the observer.
thanx for reply guruji.
Deletei am not looking i am just writing what was visible
to me
the move is past so its only academic. how
wud
u label 5279-4957 move? pls reply at ur convenience
My labels are there in today's first chart. May be you missed--
Deletethey r there guruji. but subwave labelling of
Delete5279-4957?
(pls choose to ignore if time doesnt permit)
As I mentioned in my post--tracing 5 subwaves within Impulse becomes a futile exercise---
Deletehttp://ewcountsatniftyparadox-specialupdates.blogspot.in/2012/04/followinglocating-impulses.html
ok guruji,
Deletei got it
Egerly waiting for your updates sir
ReplyDelete