Elliott waves on STI. Primary and alternate count. Just possibilities.
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Showing posts with label broadening formation. Show all posts
Showing posts with label broadening formation. Show all posts
Friday, September 9, 2011
Sunday, July 25, 2010
Thursday, July 22, 2010
STI 22/07/2010 - update
STI brokeout today as per the chart posted earlier. Heading for the broadening formation trend line.
Labels:
broadening formation,
channel,
diamond bottom,
patterns,
Singapore,
sti,
straits times
Wednesday, July 21, 2010
STI 21/07/2010
STI Intraday.
Previous post is here. STI hit the diamond pattern target today as mentioned previously. Now trading in the down channel. Broadening formation still valid.
Previous post is here. STI hit the diamond pattern target today as mentioned previously. Now trading in the down channel. Broadening formation still valid.
Labels:
broadening formation,
channel,
patterns,
Singapore,
sti,
straits times
Monday, July 19, 2010
STI 19/07/2010 - update
STI Intraday.
Broadening formation. Now at resistance. If break 2957 might see 2970-2980. It should hold 2930 to avoid downside.
Broadening formation. Now at resistance. If break 2957 might see 2970-2980. It should hold 2930 to avoid downside.
Labels:
broadening formation,
channel,
patterns,
Singapore,
sti,
straits times
Thursday, May 27, 2010
Monday, March 8, 2010
Friday, November 13, 2009
Starhub - 13/11/2009
Starhub approaching multiple resistance. It has turned bearish a while ago. We might see some downside from here in the short term.
Depicted in the chart is just a possibility.
Depicted in the chart is just a possibility.
Labels:
broadening formation,
patterns,
Singapore,
Starhub,
sti,
stocks,
straits times
Saturday, August 29, 2009
S&P 500 29/08/2009 - update
Previous update for S&P is here.
As mentioned in the previous post, we are yet to close above the broadening formation. A close above will be bullish. We can also see the inverse H&S formation with the right shoulder created.
Too much negativity in the markets. September/October memory shivers. Markets will need to overcome all that if it has to march ahead.
I personally see the markets breakout of the neck line and retrace back towards the neckline in october to create a throwback before heading higher.
I could be wrong, that is why I place stops. :)
As mentioned in the previous post, we are yet to close above the broadening formation. A close above will be bullish. We can also see the inverse H&S formation with the right shoulder created.
Too much negativity in the markets. September/October memory shivers. Markets will need to overcome all that if it has to march ahead.
I personally see the markets breakout of the neck line and retrace back towards the neckline in october to create a throwback before heading higher.
I could be wrong, that is why I place stops. :)
Friday, August 21, 2009
S&P 500 21/08/2009 - update
Previous post for S&P is here.
As mentioned in the previous post S&P retraced and rebounded. A break above the broadening formation, will confirm uptrend. Aggressive target is 1160 mid-term.
We also have a valid H&S formation giving a target of 1135.
As mentioned in the previous post S&P retraced and rebounded. A break above the broadening formation, will confirm uptrend. Aggressive target is 1160 mid-term.
We also have a valid H&S formation giving a target of 1135.
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