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)