That call was prescient. In 9 of the past 12 days, the markets have swung big -- 300+ points in the Dow.
It may seem like these moves are unpredictable. But at times like this, when the markets are highly emotional, Elliott waves are clearer than ever.
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The recent drop in India's Nifty was unexpected only to those unfamiliar with Elliott waves. Watch as Chris Carolan, editor of our Asian-Pacific Short Term Update, shows you two Nifty charts -- one long-term, one short-term -- that puts the sell-off in simple Elliott wave terms.