Monday, November 24, 2008



Pref. Count: Price started after at least 100pips gap created. Until this moment, i can say bullish might hasnt found the top.(i.e. there is no indication) So there must be some minor bullish happens to perform some bullish expansion/double top).Im looking for any good set up to sell again since i believe 'wave b" hasnt completed. Target is at least 138.20 or 136.31 in expansion.

Alt count: If there's any major bullish happen, "wave a" in expansion. Target is 147.50 or 149.47 in expansion.

Comment: Most the indicators (analysis thru tf to tf), indicates strong beaarish pattern. If the smac-d has intercepted, its a privileges to confirm this bearish trend.

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