Comments on: Technicals 22nd Feb 2012 https://www.cashthechaos.com/technicals-22nd-feb-2012/ Mon, 04 May 2026 19:28:33 +0000 hourly 1 https://wordpress.org/?v=7.0 By: Technicals 7th Mar 2012 » Cash The Chaos https://www.cashthechaos.com/technicals-22nd-feb-2012/#comment-193 Wed, 07 Mar 2012 02:42:14 +0000 http://www.cashthechaos.com/blog/?p=1445#comment-193 […] it needs to be in 3 steps , else the B wave stands a chance of moving higher to 5900 (see earlier post ). As the structure unwinds, Ill update in plain […]

]]> By: vivekagrawal https://www.cashthechaos.com/technicals-22nd-feb-2012/#comment-192 Wed, 22 Feb 2012 15:19:54 +0000 http://www.cashthechaos.com/blog/?p=1445#comment-192 In reply to Jai.

Thanks Jai. Any approx levels for correction before resumption of uptrend? Thx.

]]> By: mukta https://www.cashthechaos.com/technicals-22nd-feb-2012/#comment-191 Wed, 22 Feb 2012 11:22:47 +0000 http://www.cashthechaos.com/blog/?p=1445#comment-191 In reply to Jai.

How deep you think this correction can last? The one that has started today.

]]> By: mukta https://www.cashthechaos.com/technicals-22nd-feb-2012/#comment-190 Wed, 22 Feb 2012 08:20:26 +0000 http://www.cashthechaos.com/blog/?p=1445#comment-190 In reply to Jai.

Thanks Jai

]]> By: Jai https://www.cashthechaos.com/technicals-22nd-feb-2012/#comment-189 Wed, 22 Feb 2012 07:38:36 +0000 http://www.cashthechaos.com/blog/?p=1445#comment-189 In reply to sri.

Sri,

As of now I favour a correction from 5650 or slightly lower, followed by 5950 after the correction. But if things change will update you all.

Cheers,
Jai

]]> By: Jai https://www.cashthechaos.com/technicals-22nd-feb-2012/#comment-188 Wed, 22 Feb 2012 07:31:12 +0000 http://www.cashthechaos.com/blog/?p=1445#comment-188 In reply to mukta.

EW’s are fractal in nature. What the 5 waves make in the next higher degree is important. 5 waves occur in the direction of primary trend. So 5 waves in a lower degree may be 1 or 3 or 5 or A or C one degree higher.

Hope that helps.

]]> By: mukta https://www.cashthechaos.com/technicals-22nd-feb-2012/#comment-187 Wed, 22 Feb 2012 03:47:34 +0000 http://www.cashthechaos.com/blog/?p=1445#comment-187 Hi jai, Just wanted to check, whether wave A and 5 can coincide. Should’nt the wave after wave 5 be termed at A? Just checking.

]]> By: sri https://www.cashthechaos.com/technicals-22nd-feb-2012/#comment-186 Wed, 22 Feb 2012 03:41:56 +0000 http://www.cashthechaos.com/blog/?p=1445#comment-186 You had mentioned two targets in case 2- 5650 or 5950.Which of these is more likely before a downtrend?

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