Another Way to look at the market

Another Way to look at the market

服膺市場，謀定後動.

The market is always right !

Time analysis and wave count of HSI Futures

TARGETS:
1/- 21574-17778=3796
0.236=20678
0.382=20123

2/- or recent lows=20700 or 20172

Recession Peroid till mid of April

WHO IS THE BOSS?

MKT HIGH LOW RECENT HIGH  DATE DOWN POINT DOWN      %   UP  POINT UP % REBOUND %  DOWN   DAY UP DAYS  DAY     UP % DAX 7600 4965 6837  16/2/2012   2635.00 34.67  1872.00 37.70 71.04 96 111 115.63 DJIA 12876  10404 12917 9/2/2012  2472.00 19.20  2513.00 24.15 101.66 108 88 81.48 CHINA 3186 2133 2374 15/2/2012  1053.00 33.05 241.00 11.30 22.89 284 23 8.10 JAPAN 10891 8135 9371 17/2/2012 2756.00 25.31 1236.00 15.19 44.85 236 56 23.73 KOREA 2231 1644 2031 17/2/2012 587.00 26.31 387.00 23.54 65.93 102 102 100.00 FTSE 6105 4791 5920 16/2/2012 1314.00 21.52 1129.00 23.57 85.92 116 133 114.66 HKG 24946  16139 21574 17/2/2012 8807.00 35.30 5435.00 33.68 61.71 224 91 40.63 T.WAN 9220 6609 8013 17/2/2012  2611.00 28.32 1404.00 21.24 53.77 217 57 26.27

                                                                                                                                       

TEST2: USING VOL LEVEL TO PREDICT TARGETS

BOTH 1.618 AND 2.618 BEING HIT

SHORT HS FUTURES PUTTING STOP AT 21700

Today's Pivot of Major Asian Markets

                     Pivot           2:04PM

Shanghai   2358           2348
Szicom       920             919
Taiwan        7972           7869
Nikkei         9227           9238
Korea         2020            1997

Prices at 2:04PM 16-2-2012

It seems that pnly Nikkei can close above Pivot. Lets observe other markets.

Bullish Gartley

Bullish Gartley?

Thanks Yam Sir for inspirations.

http://www.investopedia.com/terms/g/gartley.asp#axzz1mF2GomWm

Hope not " 畫虎不成反類犬"

TEST 1: USING HUGE VOLUME LEVEL TO PREDICT PRICE TARGET

TEST 1:
USING HUGE VOLUME LEVEL TO PREDICT PRICE TARGET

We can get few targets easily by using fib.ruler.You may find these  levels match with targets obtained by simple charting technics.
1/- 1.618 level = short term upward trendline.
2/- 2.618 = previous top

3/- 4.236 = filled last gap

Try to compare performance of Huge vol. top/bottom  with  simple top/bottom to find target.

Happy Trading.

亞爺, ARE YOU ALRIGHT?

生／死，通知聲呀，唔該 !!
 唔通真喺要問亞星！

 亞星老老土土, 木口木面,眼金金咁對住個天講:  冥冥中自有主宰 ! !
?????

SEE HOW PRICE REACTS TO TIME

See how price reacts to time.

time:
1/- 8+3+6=17x2.618=44.5
or 8+8+9+3+17=45 (green)

2/- 8x3.618=29
or 9+3+17=29 (blue)

Charts

Market momentum is weakening but still up. touching the top side of the channel. Measuring target of Head and shoulder  is reached. Intermarkets bearish divergences exist.

HSBC: ONE 5 WAVES UP IS FINISHED

HSBC: ONE 5 WAVES UP IS FINISHED
Wave 1=60.85-58.55=2.31
2.31x2.618+60.85=66.89
or
wave 1 =2.31
wave 5=2.31+ 64.55 (wave 4 bottom)=66.86

CORRECTIONS CONTINUED

Market gapped up today but it will not stop market's corrective moves.
It seems that market is still in forming a irregular wave4 (minor)
a=20686-20172=434
b=434x1.236+20172=20708
or
20571-20172=399 +20287=20686
We are expecting a minor flat c aiming at 20100 or an irregular  c bringing market deeper down to 19000+.


In addition, room of going up is limited unless corrections is  done.