Thursday, December 17, 2009

Dow, Hang Seng and Nikkei


Dow can go either way, if it breaks its lower resistance line as shown above, as mentioned previously, it is forming its major wave (IV).
However if Dow can break its upper trend line, it is going for its wave 11.

Nikkei can go for head and shoulders formation. Be careful.
Hang Seng appeared to go for similar head and shoulders formation.

No comments: