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2015-07-30 08:47 | Report Abuse
good morning...klci...it will be trading sideways between 1694-1718 for the rest of the week n m more inclined to believe it will pick up a few pips juz above 1704 b4 making new down waves in 5 waves sequence towards 1671,a minimum target,over the short med term.CI wud hit 1634 b4 making a strong TR based on my alternate count over the short med term.Over the long term,I expect to c CI below 1600 with tp at 1534,hopefully not below.
2015-07-29 14:59 | Report Abuse
There is an alternate count for the med-long term downside tp..will come back to u later..m still outside.Man sui man sui to the new deputy who is picked by his god nothing else!!
2015-07-29 11:43 | Report Abuse
if the count from 0.80 is an ext of wave 3...it shudnt retrace downwards more than 0.236 from the new high.
2015-07-29 11:41 | Report Abuse
then it wud be one final upleg either an ext of 3 or wave 5 counting from 0.80.
2015-07-29 11:34 | Report Abuse
2 bits..1.02 is an important pt to watch when it shot pass the .618 fibo(1.14-0.80) n if ssw5 is still in process it shudnt go back down below 1.02.
2015-07-29 11:27 | Report Abuse
n y I c it as C is becos it breaks below 1.02 n even closed blw 0.97.On that day wen I saw it breaking down below 1.02 is already a sign that the top at 1.12 is B..
2015-07-29 11:10 | Report Abuse
2 bits take the count up to the new high,u will c it has completed wave 3 n current shud be wave 4 consolidation phase which normally consists of 3 major waves ABC n sometimes in 5 waves sequence.
2015-07-29 09:13 | Report Abuse
thriven members..there is a tp at 0.79 n 0.97-1.02 shud be the crucial res area from now.
2015-07-29 08:56 | Report Abuse
I might go away soon for quite a while holding on to my puts/shorts.
2015-07-29 08:44 | Report Abuse
good morning...klci..the downleg from 1736 shud end somewhere between 1691-95 which wud act as temporary support base n u shud take the opportunity to sell,cut loss or take profit on any tr which I expect 1720 to cap further upticks.However,if 1691 clsg sup is violated today,the alternate count for the tp from 1736 wud be as low as 1671 b4 any tr be seen.good luck..
2015-07-28 10:19 | Report Abuse
2bits..it looks more like a wave C corrective downleg in progress n I have so many reasons to believe m rite..4get abt it!!
2015-07-28 10:05 | Report Abuse
2bits...don't touch yet if possible.a close a below 0.97 wud look ugly.Its the lull b4 the storm n it cud go as low 85.
2015-07-28 09:17 | Report Abuse
yong..good morning..CI has to complete its downward course with a new low.So, u can buy only on dips for short term.
2015-07-28 08:48 | Report Abuse
tsy...good morning...congrats!!! u c our hk n hg...similar classic chart pattern n both r aiming at new high..abv 0.165 n 0.23 resp.
2015-07-28 08:32 | Report Abuse
good morning...klci...my 1st short term tp at 1694ish(clsg) shud be reached soon b4 a tr occurs within the flat pattern.On my alternate count,the downleg from 1736 cud be the juz the beginning with wave 1(if u want to call it)of the MAJOR DOWNTREND within SSW5 which has a tp at 1659 or even lower.How far the tr is going to develop after hitting 1694 remains to be seen n I don't c it going back up abv 1720.If m rite,u gonna c the horror of wave 3 in process n so forth.good luck.
2015-07-27 16:50 | Report Abuse
Another short term crucial supp clsg pt wud be taken out today!!
2015-07-27 16:27 | Report Abuse
Hike or no hike in US interest rates..it will still head southbound.
2015-07-27 16:20 | Report Abuse
Ci has yet to show an impulsive down move anytime within this week below 1700.
2015-07-27 16:14 | Report Abuse
Some ppl r holding on to the slippery rope from the building..if one of them on the top slips off..u know the impact!!
2015-07-27 09:16 | Report Abuse
most major retailers here wud be on sidelined due to lack of domestic catalsts to boost up the market n trading volume wud subside.
2015-07-27 09:11 | Report Abuse
Dow...the next crucial clsg sup pt is at 17160 which if breached dow wud end up lower at 16650.U wud c poorer performance of US companies over the med term.
2015-07-27 09:06 | Report Abuse
Duit....good morning...as said b4,dow wud be smashed down once 17790(clsg sup)is violated.Wud bursa follow??
2015-07-27 09:02 | Report Abuse
Dragon...no impact on CI but it has on 1818 depending who is next ceo.
2015-07-27 08:53 | Report Abuse
The major downleg which started from 1823 may have completed its course at 1685 n CI may be stucked within the flat pattern over the short-med term b4 it starts to form another major downleg to test 1659 which is my tp.
2015-07-27 08:40 | Report Abuse
Good morning....klci...1720(clsg)shud hold as res pt for quite a while from now n over the short term,the next crucial clsg pt shud be at 1715.A test below 1700 shud be seen soon with support at 1694,a new low clsg pt,to hold for a moderate tr.good luck.
2015-07-24 09:25 | Report Abuse
Connie..yes if it is seen over the short term breaking 1704..wait to c the horror of the real wave 3 downleg later which may come juz ard the month end.
2015-07-24 08:24 | Report Abuse
good morning...klci..it closed at the lowest pt of yesterday's trading range n also recorded a new low closing within the minor upleg from 1720.THats no way for it to escape from breaking 1720 sup which may turn into a permanent res lvl over the short term unless 1704(clsg) cud hold as a strong supp.The missing downleg from 1867 cud be in process from now after hitting top at 1736 n a close below 1704 wud confirm all.1659 remains as my 1st tp over the med term....good luck.
2015-07-23 17:23 | Report Abuse
Connie... No more on board Libra already,probably have to wait till next year.
2015-07-23 17:12 | Report Abuse
Buddies..looks like there is a failure to reach the final upleg target at 1743 from 1685 which is not unusual.The new count which takes place from 1736 might c CI breaking below 1720 by tom within the flat pattern where w3 has taken place from 1731,high of today's range..be prepared to c test of supps 1714,09 n 04 over the v short term.
2015-07-22 16:15 | Report Abuse
Connie n buddies...I will be out of town this evening n will be back after lunch.good luck.
2015-07-22 14:29 | Report Abuse
Rikki...good afternoon..long time didn't hear from u..wish u huat huat arr!!
2015-07-22 09:33 | Report Abuse
teyl333...it shud be topping out here..this is the level I was looking at to sell after we averaged out at .605 but becos of the poor overall performance of our mkt recently,we decided to get out at a loss!
2015-07-22 09:30 | Report Abuse
Duit..when ppl need cash they will juz sell at any price without looking at fa.
CHRISSYCONN
2015-07-30 08:58 | Report Abuse
As for H..m looking to accumulate on slight pullback esp on hw.