SHANGHAI, SHANGHAI !

3-3-5?

NIKKEI CATCHING UP

CAUGHT THE LAST TRAIN FOR THE COAST, THE DAY  THE MUSIC DIED .....

WILL RETRACEMENT CONTINUE?

It seems that the market is forming a head & shoulder top. 2 left shoulders 21130 & 21008 or averaged shoulder 21130+21008/2=21069. Short position should hold until downward channels being broken. Select Green, blue or red channels as
stop according to how much risk you're going to take.
For timing, I think its still early to say rectracement is finished. Mid point of 45 days cycles is15th or 16th of March.

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. 

無題-5

無題-4

無題-3

無題-2

無題-1

SELL ALL AND EXPECT TO BUY BACK 800-1200 POINTS LOWER

Reasons:-
1/- 871x2.618+18222=20502

2/- 24946-16139x0.5=20542

3/- 1699+19267=20966
      1699x0.618+19267=20316
      1699x0.764+16267=20565
      1699x0.786+19267=20602
      1699x1.618+17778=20526
      1699x1.382+17778=20126
      1141+18919=20060
      1141X1.618+18266=20112
Measurements
      4068X0.618+18266=20780
      20207-17568+18266=20905
AVERAGED ALL FIGURES ABOVE :20500

4/- Time span from 24946 to 16139=224 days
      today is 75 days 0r 224x0.333=74.59

                                                                                                   

RECOVERED HALF STAKE FOR THE NEW YEAR

1/-19267-17568=1699X1.382=2348+17778=20126

2/- 18649-17778=871X1.618=1409+18222=19631

3/- 19286-18222=1064X0.618=657+18968=19625

4/- 19286-17778=1508X0.618=931+18968=19899

5/- 18968+871=18939

6/- 18968+1141=20109

#1 TO #6 avg 19871

#1+#4+ #5+#6=Avg19993

Recovered within 19871 to 19993

Happy New Year

Regards

賭仔自嘆; "又喺6,真邪"

TO THOSE WHO ARE STILL HOLDING SHORT POSITION

CRITICAL!

Add Oil !

This morning HSIF meets its resistance at 18852 which is the intersecting points of a few tendlines and the middle line of the andrew pitchfork.  It is also equal to downtime from 19267 to 17778.
19267 to 17778 =167 bars
17778 to 18852=167 bars.

Oct and Nov Monthly Pivot Points of Major Markets

不想記憶，未敢忘記！ 那些年，一起走過的日子.XX 村， X城， X壓,又嚟過訝? 猜枚咩!！

shicom bottomed!等埋佢死！！

HSBC AND EURO DOUBLED BOTTOM

A five waves structured up is anticipated , bringing both to finish doubled bottom measurable target.

穿鑿附會？

穿鑿附會？

average time intervals of major high & low

243+265+241+224=243.25

365 days (1 Year) x 0.666=243.09 days

Every Oct/Nov !

Lets future tells!

Interesting figure

25 Nov. was 0.618 time of rally started on june.

DO YOU BELIEVE IN THESE TRENDLINES?

1224*1.764-20168=18005
other calculations show an average of 17995
18187+18226+18380+18092+18008+17981+17894+17587+17602=17995
use any of the figure above as stop as long as you feel comfortable.

Maybe HSBC could find her support here!

HSBC has been showing her weakness in term of stock price during the past few months. Way to fight back is hard. But I think hsbc could find support here. Rebound target will be 74.25 bringing HSI to 21000+ .

Pullback?

1.4247-1.3144x0.618=.0681-1.4247=1.3566

Is it a good time to buyEuro?

I'd think so!

Strategic Buy, putting stop at 16520

We buy for the following reasons:-

1/- Hsif made its top 24946 last Nov. dropping to 16716 this morning losing 8230 pts, exactly 33% of its points. 33% is one of the most important retracement level.

2/- Hsif made a ABC correction.

A lasts 34 wks and C lasts 13 weeks closing to Fib. No. of weeks.

3/- Today's low touches an important weekly trendline. We believe that a sizable rebound is expected.

4/- For target wave count, please see attached hourly chart. Different calculations obtain same result 167xx.

5/- We use 16520 as a stop because we include the possibility of 24946 as an irregular B top of the last wave. 18922 was A, 24946 was B and C assumes 1.382 of B =(24946-18922)x1.382-24946=16220. therefore we put 100 pts lower of 16620 as a stop.

6/-