NIFTY

The markets have indicated weakness recently. However have kept the invalidation point of the current weakness at 14700 max(anything above this level and sustaining for a day or two will indicate strength.

On monday the markets may creep up but will not sustain for long and should start falling around noon.

NASDAQ

Unlike Dowjones, nasdaq is not showing any signs of topping up. I have given the invalidation of the above count at 12400, which is way below the present price.

Above weakness may accelerate with wave 3 of C  coming into force.

Disclaimer- All analysis on this forum is given free of cost and for educational purpose only.  This analysis is based on elliot wave which is subjective in nature and has no confirmed outcome. Check fundamentals on your own before deploying any money.

USD

The usd index continues to show weakness.

 

Above weakness may accelerate with wave 3 of C  coming into force.

GOLD

Gold has recently given a solid upmove which looks like a strong impulsive wave. Minimum current target is 1804 and then 1854.

Disclaimer- All analysis on this forum is given free of cost and for educational purpose only.  This analysis is based on elliot wave which is subjective in nature and has no confirmed outcome. Consult fundamentals on your own before deploying any money.

 

 

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