FUTURE SHOCK !!!

COMING SOON !!! NEXT MONTH !!! AT TRADING TERMINALS NEAR U.





I AM POSTING A HIGH PROBABILITY, MEDIUM TERM BEARISH SCENARIO ,BASED ON FOLLOWING:

A.
THE BREADTH REMAINS WEAK AND THE ADVANCE /DECLINE RATIO IS SHOWING DIVERSION FROM PRICES

B.VIX (VOLATILITY INDEX):

VIX HAS A INVERESE CORELATION WITH NIFTY PRICES.IT SEEMS TO BE BOTTOMING OUT ,SO TIME IS FOR CAUTION AS WE MAY BE NEAR A TOP

C. NIFTY P/E RATIO.

CHECK THE CHART ,WE ARE ENTERING A TOPPING OUT ZONE AT CURRENT 22.78 P/E

D. ATR ( AVERAGE TRUE RANGE):

CHECK THE CHART TO GET THE CORELATION BETWEEN PRICES AND ATR.IT ALSO SEEMS TO BE BOTTOMING OUT AND COUPLED WITH VIX ,WILL CREATE A VOLATILE RANGE EXPANSION IN BEARISH SCENARIO.

CONTD-------FUTURE SHOCK-1 !!!