In the next few days if Dow, Hang Seng, Singapore STI and Shanghai SSE do not have extension waves and if they are unable to break new ground, as shown in the following charts, the major uptrend wave since March 2009 might have ended. The next down wave will provide good entry points for those that have missed the March run-up.
A red candlestick of 150 points or more after last Friday Doji will confirm the turning point.
Shanghai SSE has formed a red candlestick last Friday. Is SSE the leader in heading south?
For Hang Seng and Singapore STI, a red candlestick after last Friday Dojis will be sufficient to confirm the respective turning point.
A red candlestick of 150 points or more after last Friday Doji will confirm the turning point.
Shanghai SSE has formed a red candlestick last Friday. Is SSE the leader in heading south?
For Hang Seng and Singapore STI, a red candlestick after last Friday Dojis will be sufficient to confirm the respective turning point.
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