GLOBAL MARKETS UPDATE

Hi Friends,



Most Of the Global Markets are about to Complete 5 Wave Decline & are Set to Head Up in a Pull Back Rally. Generally the 1st 5 wave decline is retraced the most and traps many Bulls.

DJIA

 Dow Jones & S&p 500 have now Similar counting & would complete 5 Wave Decline in Day or 2.

S&P500

CAC 40

CAC 40 is also About to complete its 5 wave decline & as soon as it finishes 5 wave decline it would start inching upwards in wave 2 of the 3rd.

DAX

Germany DAX is in its 5th wave which appears to be a Ending Diagonal where (e) leg often overshoots out of te falling wedge line.

FTSE 100

FTSE 100 also on similar line to complete its 5 wave decline.


As most of the Global markets including Italy, Spain, Switzerland are about to complete 5 Wave decline a Pull Back rally is Due Across the Global Equity Indices.


But remember this is just a Pull Back Rally & coming months will be Bloody Red.


So lets Wait & Watch.


Thanks & Regards,


Harsh Dixit.