Bursa Industrial Index - Wave II correction
Dow - Wave II correction
Nasdaq - Wave C Bear (Based on Indicator)
S&P - Wave C Bear (Based on Indicator)
Nasdaq - Wave (IV) Correction (Based on indicator)
S&P - Wave (IV) Correction (Based on Indicator)I believe there is no definite answer. Opinion will be split 50-50, that is why there are buyers and sellers everyday. For every transaction you need a buyer and a seller to close the deal. But whatever it is, I will be reducing my stocks holding gradually. Stocks with bearish looking pattern will have to go first. At this stage there is still no sign that I have to run for my life.
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