1950 Shanghai Cyclical Low still hold.

48-49 MONTHS CYCLES IN SHANGHAI COMPOSITE

ASIAN AND OTHER EMGERING MARKETS : CHARTS UPDATED

CHINA , WE ARE WAITING FOR YOUR LEADERSHIP, WHEN WILL YOU START OFF !

MICEX MOSCOW STOCK EXCHANGE : THATS WHAT THEY CALL PANIC !

SAFETY RANGE

WHAT IF

This happen especially in an uptrend cycle. Use gap as stop.

CHART UPDATED

SEE CALCULATIONS BELOW

See calculations below:-
1/- 22195-21138=1057X1.382+21138=22598
.
2/- 21696-21138=558x2.618+21138=22598

3/- 23511-21138=2373x0.618=1467+21138=22604

4/- 22373-21466=907x0.618=560+22065=22625

5/- 21696-21138=558+22065=22623

6/- 21696-21138=558x1.618=902+21696=22598

@sum 1-6  =135646/6=22607 (today's high 22607 )

Exit All at this level and buy back 800-1000 points lower.

21696-21138=558
558x2.618=1460
21138+1460=22598

chart updated

WHY THERE WAS A GAP HERE?

It seems that HSIF has reached resistant zone but I will not go for short side unless this gap filled.

WORTH TO NOTE

558X1.618+21466=22368

250+22118=22368

If Shanghai composite can break day high 2109.59, exit half ! (amended should be can't break)

chart updated #2 12-2-2014 noon

chart updated (hsif Hourly)

TEMPTED TO BUY !

HSI AND NIKKEI BULLISH ENGULFING ?

BUY 1/2 BELOW 21400

23436-22587=849-22195=21346

24176-22715=1461x1.382=2019, 23436(Feb)+23511(jan)/2=23474, 23474-2019=21455 This morning low.

chart updated

Watch close level !

Precautionary Level: Close below 22600, Exit all level: 22300

We finished to increase our position to 3/4 before 21/12/13 as scheduled.  Average cost of our position is 22850 (price of the  time of  our posts  minus profit from strategical profit taking). We believe that we are at the phrase of an upward cycles from 32 to 55 months but we could not  evade the possibility of a deeper correction before the uptrend resumes.