MORE CHART

CHART UPDATED

THE "NEXT" TURNED OUT TO BE A LOW, STARTS COUNTING UPWARDS FROM MONDAY LOW

After removing the portion and measured from the low, it retraced exactly 0.618 fropm recent top.

need a lot of imaginations, right ?

See what will happen next !

hk-cn market divergence, look out !

shanghai composite daily chart 16-10-2015 11:30

A=C

Sold half for profit taking.

HSIF HAS REACHED A SHORT-TERM TOP WHICH FINISHED ITS INITIAL 5WAVES.

STRUCTURED WAVES AS BELOWS.

WAVE 1 20251 TO 20836= 585 POINTS

OR

WAVE 1 20251 TO 20935 =684 POINTS

AVERAGE 585+684=1269/2 = 634.5 

ADD ON 4 LOW 22153 =634.5 +22153=22787  (WAVE 1=WAVE 5 PRINCIPLE APPLIED)

WAVE 3 IS APP. 3 TIMES OF  WAVE 1

TIME OF LAST FRIDAY IS 0.382 OF TOTAL TIME OF CORRECTION SINCE  27/4/2015

BROKEN UPWARDS TRENDLINE WILL REGARD AS CORRECTION CONFIRMED.

intraday chart 15 mins hsif 7-10-2015 925

chart updated

AN EYE FOR AN EYE (SAME DEGREES OF CHANNEL EXTENDED)

HSIF CHART UPDATED

HSI BOTTOMED AT AUTUMNAL EQUINOX, REBOUND STARTED

A
1/- 22173-20356=(1817 X 0.618) -22173=21050
2/- 22173-20356=(1817 X 0.666)-22173=20962
3/- 22173-20356=(1817 X 0.764)-22173=20784
21050+20962+20784/3=20932

B 22196-21458=(738x1.618) - 22125=20931 (today low 20948 +/- 18)

C/- 22125(yesterday top)-20948(today low)=1177 points or 22196(16/9 11:00)-21269 (11/9 17:00) x 1.27 =1177points

shanghai composite is topping out. Going short using 3800 stop. Target 3000 or below.

SEE CALCULATIONS BELOW:-1/- 1813X0.145+3478=37402/-  421X4.236+1974=37573/- 193X2+3352=37384/- 287.65X1.786+3198=37125/- 287.65X2+3198=37736/- MAY 2008 MONTHLY HIGH 37867/- 1629X1.145+1849=37143740+3757+3738+3712+3773+3786+3714/=26220/7=3746