The corrective wave 4 have ended at the high of ...50.21
It is now unfolding the last down trending impulsive wave 5 with an estimated tp at 20.00
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Crude oil hitted past 45.00 on 28/4
Apr 19, 2016 03:56 PM | Report Abuse
The daily candlesticks is showing bearish sentiments....with a shooting star followed by a doji.
It is now unfolding the last wave 5.....meaning we will be seeing it above 4.50 by year end.
Brace for the hard times :(:(:(
It is now unfolding the fractal waves(sw1) of wave 5.
It have completed its corrective wave 4.
Now unfolding the down trending wave 5 with a tp past 1503
With the FF sellings consistently...it is hard to be bullish :(:(:(
It have completed a near perfect regular flat with a WXY for a combo set up
Hope it dont go into a triple combo
The consolidations are that the down slide is controlled and now more into a sideway trading
Hope that the recovery stage will speed up
HSI 40 (futures)
It is now unfolding the corrective impulsive wave 4 with a tp at 21706/22315/23091
Corrective 'a' and 'b' is done....now unfolding the 'c'
Once this wave 4 is completed ,the down trending wave 5 will take over.
It is now unfolding the corrective wave 4
Corrective 'a' and 'b' done....now unfolding 'c'...expected to be at any of the 3 level stated above.
P/S.....THE ABOVE IS JST MY2C OPINION.....TRADE AT YOUR OWN RISKS