Hang Seng Index (HSI) ----Update

HSI

The corrective wave 4 is completed and done.

The last down trending impulsive wave 5 is now in progress...

This wave 5 will have 5 subwaves....and inside this subwaves will have waves within waves( fractal waves ).

Today this subwave 2 create havoc and fear when the pullback was deep but did not violate the wave 1.

The coming subwave 3 will have more than the normal 5 waves...will have extensions within extensions....most likely a 9 wave structures or more.

Lets hope the tp at 15238.69 can hold...if not there will be deeper corrections.

For those who trade this put warrant....please bear in mind that this is a very volatile counter.

Only trade with professional advice or with a very tight trading plan with your exist and cut loss.

p/s....the above is just my2c opinion.....TRADE AT YOUR OWN RISKS.

HSI (Hang Seng Index) ------ corrective patterns

HSI

It is now unfolding the corrective wave 4 patterns...a running triangle

Wave C completed and done....

Now unfolding the D wave...

After wave E is done....will continue its south bound journey to 15238.69

Jst my2c opinion....TRADE AT YOUR OWN RISKS.

HANG SENG (HSI)

HSI

The above chart is the details analysis for the past few days movements...dojis and shooting stars

Expecting trend reversal soon....with wave 5 ending at 15238.69.

Hopefully this strong bottom can hold....if not will go into further extensions.

Just my 2c opinion.....TRADE AT YOUR OWN RISKS.

FBMKLCI,DOW,HSI,NIKKEI ----- LATEST UPDATE

FBMKLCI

The corrective zigzag pattern of wave 2 is done

XY is the trending up line( the lows are getting higher ).....meaning the worst is over now and the sun is seen rising up at the horizon.

Wave 3 is now in progress.....with possible TP at 1715.93/1787.17/1858.40/1902.42

And there will be PULLBACKs along the way before reaching it.

IT IS CLEARLY SEEN THAT THE 'ABC' CORRECTIONS IS  OVER FOR THE KLCI....AND IS NOW ON A BULLISH RUN.( THAT IS WHY IT BEHAVES DIFFERENTLY FROM OTHERS )
KLCI IS RUNNING AHEAD OF DOW AND OTHER GLOBAL INDICES.

DOW

Corrective wave A and wave B is done.

Killer Wave C is now in progress... unfolding its fast, furious,vicious and destructive powerful wave.

This wave C tp is pegged at 15272.43/14263.74

There will be TRs along the way before reaching it.

HSI

Since HSI is tagging along DOW.....it will have the same patterns formation

The killer wave C is unleashing its destructive power now

Possible TP for this wave is at.....18243.86/15238.69

There will be TRs along the way before the tp is hitted.

My comments at Chrissyconn forum at www.i3investor.com:

Feb 11, 2016 04:52 PM | Posted by skyhawk > Feb 11, 2016 04:40 PM | Report Abuse X mslee81...nothing can stop tis killer wave C...all will be sweep aside...pullback ardy over n HQ is rdy to climb higher now :):):) Posted by mslee81 > Feb 11, 2016 11:58 AM | Report Abuse Master Hawk, how do you view HSI now? The HSI will rebound a bit, then only continue to your TP as per your chart, right? CHRISSYCONN Jan 29, 2016 04:08 PM | Report Abuse mslee81....as said much earlier...am watching tis thriller to breaks resistance at 19000,tis killer wave when reverse will be fast,furious n vicious.Am still loading up:):)

NIKKEI

It is behaving the same as DOW...

Unleashing the powerful killer wave C.....with tp at 14633.66/13722.67

There will be TRs along the way....before reaching it.

The ONLY different is that....it will be out of the corrective wave ABC soon with the cumulative drop of 1651 points for the past 3 days.


P/S........the above is just my 2 cent opinion.......TRADE AT YOUR OWN RISKS.

NOTE;>>>>>>DOW,/HSI,/NIKKEI/ OTHER INDICES ARE HAVING A HEALTHY CORRECTIONS AFTER A VERY LONG BULLISH RUN.
AFTER THIS CORRECTIVE WAVE...THERE IS A LAST IMPULSIVE WAVE 5 TO TAKE THEM PAST THE PREVIOUS HIGH .

CHINESE NEW YEAR GREETING

Wishing All Members,Friend & Readers

A Happy Healthy,Wealthy & A prosperous

CHINESE NEW YEAR.

CRUDE OIL ( DAILY )

The above is my waves count on the crude oil....

Wave 4 is done and now unfolding the last wave 5

Possible target for this wave is at 24.09/21.14

P/S.....the above is just my2c opinion....TRADE AT YOUR OWN RISKS.