൧൮ feb 2009

Comment: I believe the main market trend is still bullish since i dont see any indication or pattern of trend reversal yet. Frankly, ive closed all my buy posts.I have entered new buy post. with target 132.43 or 133.66 in expansion.

Comment: Opss...i almost didnt realise this pattern.Its a bullish divergence...therefore..im counting a new pref. counting.Examine yourself through my charts above.Good luck!!!p/s i missed my chance closing 1100pips yesterday.When i open my account this morning..its only 540pips left to be closed..huhuhuhu (unlucky me cant online 24/7.Besides ive forgotten t0 lock +750pips SL.what a pity).

Comment: AS expected.Target buy since started is 130.76 or 131.92 in expansion.Carefull for any major bearish continuation.Good luck!!!

Comment: yeah!!almost 600pips there!..congrats to those made it!!hehehe...after a great bearish divergence completed..next target is 127.42 or perhaps 124.45 in expansion.but carefull for any minor reversal....i.e. subwave in a wave.

comment: Im posting an alt. count due to the current market performance.What is exactly the market performing?well, let just see what the indicators say. Currently, RSI is above line 50, while moving average lines in 15mnts timeframe, MAE 14 > MAE 42. In my opinion., if the market cut bearish critical line @ 137.38, there is further expansion of divergence line. Target 139.45 or 141.62 in expansion.

Comment: What we just saw is minor bearish divergence. Usually there will be two incidents that might happen.First, market perhaps performing sideways before ended with bearish trend, and second market perhaps straight away performing downtrend as the impact of bearish divergence. So for those holding positions, carefull for any reversal pattern, or minor bullish pattern. If im expecting, market perhaps will go down to 130.32 retrace 38.2% fibo. retracement, or 128.04 in expansion.