Tuesday, May 10, 2011

Mini wave v of sub-wave 5 continues


Vietnam




Let's see whether mini wave v of sub-wave 5 will end at say 2910. The next pull back is either the starting of the major wave C (if it goes below 2616) or sub-wave 6 (if it can hold above 2700). Whatever is the outcome for Nasdaq, it will be the same for DJIA.

I prefer to look at Nasdaq chart because at this moment it provides a clearer wave form than Dow or S&P.

Another good article by Ir. Koon Yew Yin

click Malaysia's Brain Drain





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