Monday, January 5, 2009




Pref.Count: At this moment of time, Im waiting for bullish trend, expecting price to touch 135.43 or 137.48 in expansion. Any further bearish trend perhaps wave 5 in expansion in progress again as i dont see any clear divergence to end this major trend.

Comment: From the trend analysis in 30mnts tf, as we can see the moving average lines cross each others (MAE 14>MAE 42) indicate bullish trend.Because the smac-d pattern indicates the other side (which is strong bearish indication), im waiting for any confirmation from either the stochs or smac-d to turn into bullish indication. RSI is above line 50 for the moment, while the analyzer; 65% ups, 35% down.

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