$S&P;500; has done exactly what I anticipated since the month of MARCH, Nothing really left to say much: how it has performed! The current state of markets was signalled by (TIME;CYCLES) many months back! And that CYCLE is still incomplete!
In,fact, we are yet to see the actual capitulation of this CYCLE! The TIME is not far to test circuit filters! Tough to point out exact TIME: but I think, we are almost reaching that point!
On TIME FRONT would be watching out, how S&P behaves after 19th, because 19th,OCTOBER is (TIME;SQUARING) DATE: once MARKET sustains below the low of 19th, we may see the real PANIC Taking Place!
On PRICE front, if S&P cash, prints 3,507, that would be a very BEARISH sign, that will make certain that it would complete our long pending Target of 3,260 in few days! We don’t know when it will break 3,507, could be Today, Tomorrow, or may be next week!
But when it breaks it would go down towards 3,260, nothing is certain but, this is a highest probability according to (TIME&PRICE), (GEOMETRY), So do watch;out!
So till 19th, it would be a volatile market, hopefully it bounces, so falling becomes easy after 19th, let’s see: how markets perform going forward! Better to be prepared for all probabilities!

NIFTY; along with other (FINANCIAL;MARKETS) Have entered a very sensitive part in ongoing: (BEARISH;TIME;CYCLE), Things certainly are going to get more worse going forward! INVESTORS have no idea what’s coming their way! But the question we need to ask is? Do we get a pullback before that!
Couple of points to focus on: in (U.S.MARKETS) THE new low in (NASDAQ) has not been confirmed by (DOW;JONES) Now how long this can continue that’s tough to say, but all INDICES ideally have to move in simillar direction! In Technical terms, this is called, (DIVERSION)!
Similar is happening in (INDIAN MARKET) yesterday the low in (NIFTY) was not confirmed by (NIFTY;BANK) So all such points makes me to think that there could be a pull;back before the downtrend accelerates!
Not necessary that market does what we expects, but this is a possiblity, that’s why we are Hedging our trades! To put it in Simple Terms: we are at a point where,
The upside is 5-6% and downside is 20-25%, in few weeks! So understand this ratio! Trade wisely, pull;back if comes, then would be a final one, before meltdown! Exiting times ahead!

NASDAQ; yesterday achieved mentioned Target of 10,350 on downside: mentioned on it on 27th,SEPTEMBER, IT behaved in very volatile manner: gave a sharp recovery last week, almost tested resistance area, and turned lower sharply!
For very short-term things have gone very extreme, hens there possibly could be a strong bounce, which can last for few days! Just a bounce, no case for reversal yet!
I have been posting BEARISH outlook for (U.S. MARKETS) for many months now, and MARKETS have gone down very sharply there! Unfortunately after such cut: the bottom still seems far from current levels! (TIME;CYCLES) have still not completed there rotations yet!
They infact suggests extreme weakness is yet to take place, let’s see, markets would keep bouncing from extreme levels, and once things settles they will keep making lower;lows! Watch,out! More pain ahead!

NIFTY is confirming things on Bearish side, but NIFTY BANK is yet to do that! Let’s still keep that upside option open! By hedging our Trades! From here be prepared for nasty gaps on either sides!

NIFTY; have given a PRICE conformation below 17,196 Today. But TIME is yet to confirm! That conformation will come when, MARKETS close below, Todays Low! That has to be seen, going forward!
This really matters for short-term! The entire complexity is only with the short-term setup, for slightly medium term, things are clear, that we are going back to JUNE lows, for (NIFTY)!
And even lower then that! But will take it, step by step! For short-term the cut-off point for NIFTY is 17,430 on spot!
We are expecting, hard test of JUNE lows, for (NIFTY,), That means, things would not be as easy as we want them to be, hens need to approach trades actively!
So focus on hedging your trades! Because 1,way trades wont work from here! In my TIME note shared last week, I mentioned week starting from 10th, will be very critical!
Going forward, there would be violent moves in U.S. MARKETS, that may bring unwarranted volatility in INDIAN MARKETS as well! So better to be prepared for that!
Nearest level which should break from hear is 17,000, on spot! Nothing wrong in hedging or adding some calls at this level, let things get, more clear, before we go aggressive!

NIFTY has to be approached wisely, MONDAY would be a critical day, may,be a Gap on either sides
As explained yesterday, low of 10th, or 17,196 imp! Better to wait, till then!

GODREJ;CONSUMER; have printed both; suggested Targets of; (855 and 825), on Cash! Posted on it on, 19th,SEPTEMBER! Going Forward; it may give week BOUNCE, But now, it have expanded, (BEARISH;PATTERNS) on downside!
It’s now about picking the PATTERN wisely! If we Go by, simple GEOMETRY: next Targets are Coming at 785 and 745 on Cash! The TREND have asserted down here!
Hens selling rallies would be an IDEAL STRATEGY: better to stay short waya OPTIONS! Strategies like (SYNTHETIC;PUT), or (BEAR;CALL;SPREAD) may help.:

NIFTY, have achieved the minimum projections for this pull;back at 17,200-17,400, the criteria or objective is completed here! Now we await MARKET to turn lower, going forward! Couple of things to watch, which will complete the process to turn lower!
1st, on (TIME;ACTIVITY),, this pull;back started on 30th,SEPTEMBER, which was a (VIBRATION;DATE), So, Technically till next (VIBRATION;DATE) which is on, 10th,OCTOBER, we don’t have that TIME support which can push PRICES lower!
The daily cycle will turn lower only when prices will close below the low of (VIBRATION;DATE), once that happens, we could see markets collapsing rapidly, similar to what, we saw in later part of SEPTEMBER! The WEEKLY CYCLES are already BEARISH!
So until daily cycles re-aline, we need, to focus on (PRICE), 1, LEVEL we are watching on downside, that’s 17,196 on (NIFTY;SPOT), If that breaks we may conclude that, pull;back is over, and we are Turning lower!
Until one of above conditions are full-filled, we cannot say, pull;back has completed! Either (PRICE) or (TIME) has to confirm the reversal! Till then, need to be watchful!

FINANCIAL;MARKETS; around the WORLD are Bouncing from over,sold region! Every;time MARKETS rally, INVESTORS hope for a resumption of a BULL;MARKET! The (BULL;MARKET) will definitely start 1,day, but unfortunately not anytime soon!
To start new (BULL;MARKET) we need to end this (BEAR;MARKET) First! Everytime when markets have rallied this Year, I kept posting that we still not have made a durable or reliable BOTTOM!
And MARKETS after giving, (Stronger and Weeker) bounce, have constantly made fresh lows! And they will, continue to do that, going forward!
If PRICE is something which changes your PERCEPTION then you must have switched your views, multiple times in past few months! During the AUGUST rally, in U.S., everyone was convinced that, nothing can go wrong with MARKETS! Within few weeks, MARKETS surprised everyone who diss-obeyed TIME CYCLES!
The recent bounce in (EQUITY;MARKETS), Have again revived Hopes for already upset INVESTORS! Unfortunately this rally does not have much room on upside! Yes!! When MARKET rallies from HIGHLY Over,sold zone, They gives very sharp (COUNTER TREND BOUNCE), which lasts for (SOME DAYS TO SOME WEEKS), The recent bounce in U.S. INDICES, appears 1,such bounce, which could last, few DAYS not WEEKS! This is not something, what happened in July/August!
So do not get carried away with this bounce! Because the character of this bounce, does not have that velocity to travel meaningful distance! Back in Late September, I posted BEARISH views, on INDIAN and U.S. MARKETS, I went very aggressive on NIFTY, around 17,850, and posted clearly on U.S. MARKETS that they certainly will break june lows, before 4th,October! And they completed that objective! Hens this bounce is not that surprising!
Now this is reaching a point where U.S. MARKETS start to turn lower, may be after some more bounce! And S&P;500; move down towards, long projected target of 3,260, The more ideal way to turn lower, would be after some sideways consolidation! There is no hurry to go down! And this applies to all markets across continents!
I was not able to single out particular INDEX, hens decided to write a common post! Because when I see, structure for (ASIAN&EUROPEAN;MARKETS) I see simillar setups, so all INDICES would move in sink!
Same applies to NIFTY, there was anticipation for a pull;back and we are getting that, once we see, markets Turning, would again take aggressive trades on short side! For very short term I would prefer things to slow,down a bit! But can (OCTOBER;FACTOR) let that happen! Let’s see!

NIFTY; will start a fresh, (HARMONIC;TIME;CYCLE) Today! More then beginning, the ending is what which will matter! Last week, I mentioned pull;backs are possible, but it’s less likely, that the TREND asserts up from here!
For (NIFTY) the zone of 17,200-17,400, would be the ideal place to complete its bounce! And turn lower from there, and break 16,747 and test levels of 16,550 and 16,225 on spot!
TIME wise fall may resume after 10th,October! Earlier NIFTY have given, (HEXAGON) and (HARMONIC;CHANNEL) breakdown! So neither TIME nor PRICE would support upmove, beyond a certain point!
U.S..MARKETS, have took much needed pause! So things could slow down, from here for short-term!