This is my last Food for Thought for 2017 so i could not stop myself from stating clearly what i am expecting for 2018, even if the picture is not rosy.
As per my MegaCycle calculations on NIFTY bear market may start from 2018 (any month) and should last till 2021. Refer the same famous chart from the below link which was first published in 2014 - http://uttamsmethodofselling.blogspot.in/p/gift.html. Surprisingly bull market top has shaped up exactly as anticipated in Mar 2014.
As per my MegaCycle calculations on NIFTY bear market may start from 2018 (any month) and should last till 2021. Refer the same famous chart from the below link which was first published in 2014 - http://uttamsmethodofselling.blogspot.in/p/gift.html. Surprisingly bull market top has shaped up exactly as anticipated in Mar 2014.
Mind it around 3 years long bear market is round the corner..!! It will be very painful for many - investors, job seekers, etc.. What will be the trigger no one knows, even it is not necessary to know. Fundamentally and Psychologically market is ready to crash/(consolidate for years) only Technical confirmation is required and a 5% correction from now will activate technical signal too. So prepare yourself (financially & psychologically) accordingly.
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