For me only : Yesterday had some issues in GBPUSD , Target moved to 1.48150. Have to wait and watch

Wow. 20 % up crude in 3 days. INCREDIBLE. On confirmation of trend change, lot of bullishness.

Money multiplying and enjoyable.I will get out with a trailing stoploss moving from 50.25.
Share your happiness with me through comments,

enjoying the run crude oil

Recent moves by China,,Effforts of India to produce more industrial products, strengthening of US ECONOMY,Downstream products of Oil producing Nations use more oil than ever before.

A war or war like situation alone is not only the factor for oil price to go up.
More oil - less consumption - price tends to go low.
More oil - more consumption  -  price stable, long positions created

MY CHART after my trend change idea and, now after todays inventory data market reaction

NIfty studies based on yesterdays low :

7330 +/- 20 pts - first support and Buy

7040 +/- 20 pts - Strong Buy

I declare bottom done 37.80 and buy trend happening. BUY on dips hold for target of 51.00. Cheers as of now.

My calculations :

Thursday, 6 August 2015

Crude bottom : 38;+.25/-.25 bottom

High taken.
wave  1 ; Sqrt  of high minus 1 and square.
wave  2 ; Sqrt of low plus 0.764 and square
wave  3 ; Sqrt of high minus 3.764 and square
wave  4 ; Sqrt of low plus 1.382 and square
wave  5 : Sqrt of high minus 1.764 and square

Result : 38;+.25/-.25 bottom

USDCHF : Trying my system set up

7060-7150 TARGET FOR NIFTY SHORTS

6 OMINOUS SIGNS OF AN IMPENDING STOCK MARKET CRASH - FORTUNEHUB.NET

1. Billionaires are dumping stocks

Lombardi Financial Editor John Whitefoot kept track of how investing moguls like Warren Buffett and George Soros have recently culled their holdings. In a span of two years, Buffett’s Berkshire Hathaway sold over 96 percent of its Johnson & Johnson holdings and 99 percent of the company’s interests in Kraft Foods Group, Inc. Soros did the something similar early 2014, when its Soros Fund Management dumped shares of banking titans JP Morgan, Bank of America, and Citigroup Inc.

2. Stocks are Expensive

Business Insider reports that stocks are expensive in relation to 10-year average earnings. The CAPE ratio, popularized by Robert Shiller, reveals that the S&P is currently at 27.2, around 64 percent higher than its 16.6 long-term average. These are the only three times the ratio has been higher: 1929, 2000, and 2007.

3. Record High Margin Debt

Back in April 2015, NYSE debt margin was at an historic high. In other words, the rallies in the previous months have been partly fueled by borrowed money.

4. Increased Investor Complacency

Citi’s Panic/Euphoria model is about to touch ‘euphoria,’ indicating that investor complacency is at a high. Tobias Levkovich of Citi says that the current levels of euphoria are at its highest since 2008.

5. Historical Bull Market Run

Financial Post reports that the U.K. stock market is in the midst of a 77-month long bull run. There have only been two occasions in history when the market has been on an upward trend for longer: the crash of 1929 and the popping of the dot-com bubble in early 2000s.

6. Massive Outflow of Smart Money

According to Telegraph UK, professional investors are heading for the exit. Bloomberg’s smart money flow index saw how pro investors bought stocks heavily in 2009 and onwards, enjoying historical gains for five years. In early 2014, however, that smart money trend was reversed.

With these indicators, do you think we are going through the early stages of a stock market crash? Hit the comments!

Bearish India Nifty : short term Sell on rise. Lookback for any long term outlook is buy near 6980 levels

5108 -Aug 2013  - 9116 - Jan 2015.

CNX Nifty Futures Historical Data

Time Frame:

             Daily             Weekly             Monthly         

01/08/2013 - 28/02/2015

 

Date	Price	Open	High	Low	Vol.	Change %
Feb 01, 2015	9072.25	8875.00	9095.00	8865.00	517.78K	0.92%
Jan 01, 2015	8989.50	9102.40	9119.25	8947.00	90.50K	6.52%
Dec 01, 2014	8439.00	8370.40	8458.00	8315.00	125.83K	-3.42%
Nov 01, 2014	8737.40	8647.80	8763.00	8608.40	26.30K	4.61%
Oct 01, 2014	8352.70	7990.00	8358.30	7752.20	193.71M	4.42%
Sep 01, 2014	7999.15	8021.20	8200.00	7884.00	241.23M	0.56%
Aug 01, 2014	7954.35	7686.05	7979.00	7560.55	214.72M	3.02%
Jul 01, 2014	7721.30	7646.50	7839.00	7445.00	291.71M	1.14%
Jun 01, 2014	7634.35	7255.00	7715.55	7239.65	272.35M	5.54%
May 01, 2014	7233.65	6750.00	7625.00	6661.65	319.92M	7.54%
Apr 01, 2014	6726.45	6765.00	6902.00	6688.50	182.94M	-0.20%
Mar 01, 2014	6739.65	6280.00	6765.90	5620.00	219.81M	7.16%
Feb 01, 2014	6289.25	6087.35	6294.75	5957.25	180.65M	2.90%
Jan 01, 2014	6112.00	6364.95	6408.70	6025.10	252.00M	-3.82%
Dec 01, 2013	6354.70	6215.00	6480.00	6151.10	222.23M	2.08%
Nov 01, 2013	6225.50	6315.05	6383.00	5983.00	254.99M	-1.17%
Oct 01, 2013	6299.15	5806.65	6302.60	5754.05	300.48M	8.77%
Sep 01, 2013	5791.45	5464.10	6174.80	5318.75	361.20M	6.13%
Aug 01, 2013	5456.75	5799.00	5841.00	5108.25	385.53M	-5.61%

Highest: 9119.25

Lowest: 5108.25

Difference: 4011.00

Average: 7269.92

Change %: 47.10