Friday, November 21, 2008



Pref. count:Until this moment, i can say the whole trend gonna be bearish trend as the RSI<50 supported by the moving averages line. In mean time, there will be subwaves produced. What am i expecting is the market will bullish to perform subwave iv which the target is 140.73 or 142 in expansion, then at the end of the day market is gonna bearish again to complete "wave b".Target is 135.27.

Alt. count: If major bullish likely to happen, the main target will be 153.03. I'll find any possible reasons for that to happen soon.

Comments: Moving averages in big TF(MAE42 < MAE14)

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