S WAVE CHARTS

[NASARAVI]

Snoot

Dow e wave update calls for 13800 area as your blue fork shows. Could stop at 17800 as well for one more up.

However, typically the correction would start in the firt year of new presidency and end in the second year.

This calls for your deep side correction to 7000-7200 area assuming it is a 17 month correction.

All the black money in India will dry up soon and the money multiplier effect and bullish consumerism will stop.

India and China represent the biggest consumers now in the world and something has to give.

Regards.