12 replies to this topic

[Geomean]

Worth a look here.  At trendline resistance.  Volume yesterday's high 1.6 million vs 3.6 mil @ 11/8 high.  TDSEQ 13 & Combo sells on the hrly at 1.382 fib extension of length of wave A.

[blackcloud]

Worth a look here.  At trendline resistance.  Volume yesterday's high 1.6 million vs 3.6 mil @ 11/8 high.  TDSEQ 13 & Combo sells on the hrly at 1.382 fib extension of length of wave A.

Thanks Geo, do you have a target and time for getting there?  Would a close over yesterday's high invalidate your sell?

Thanks for your posts!!

[blackcloud]

 

Edited by blackcloud, 26 January 2017 - 01:07 PM.

[Geomean]

I'm looking for this to be a thrust out of a triangle on the Kospi with this Wave C to equal the length of Wave A which is measured from the high to the low of 2011 and for it to decline into the 4.5 year cycle low in the late summer and for EWY to bottom around $40.  The alternative is that the Kospi merely completes a smaller triangle when it goes down from here and EWY goes down only about 15% by late summer before a substantial thrust higher.  The risk is that this wave extends, so one could put a stop above the recent high and enter again around 58.21-58.48

[blackcloud]

Thanks Geo, have it on my list!

[Charvo]

EWY seems to follow the same path as EEM since Samsung is component of both.  EWY and EEM are currently in relative strength modes compared to the US indices.  I think it will take a bit of relative weakness similar to what happened today before these 2 ETFs get  taken to the woodshed.  

 

If the Fed goes full out hawkish next week, things could get interesting.  I think the Fed will hold next week and will have a statement saying fiscal policy uncertainty forces them to stay on hold.  This should be interpreted as mildly dovish.

[pisces]

Worth a look here.  At trendline resistance.  Volume yesterday's high 1.6 million vs 3.6 mil @ 11/8 high.  TDSEQ 13 & Combo sells on the hrly at 1.382 fib extension of length of w

 

I like your analysis and posts. EWY  is a beauty here,and well worth a shot with the proper precautions. I am short from 57.47 with a stop at 58.02.

it can only go 2 ways...

[pisces]

 

Worth a look here.  At trendline resistance.  Volume yesterday's high 1.6 million vs 3.6 mil @ 11/8 high.  TDSEQ 13 & Combo sells on the hrly at 1.382 fib extension of length of w

 

I like your analysis and posts. EWY  is a beauty here,and well worth a shot with the proper precautions. I am short from 57.47 with a stop at 58.02.

it can only go 2 ways...

 

 

Just covered at 57.01 for profit, will reshort next week.

[Geomean]

You might take a look at FCI and the 3x's Yinn & Yang for the China large cap 50 index too. It's at or close to an inflection in a minor Wave 2 in intermediate wave 3 in primary wave C down from the 2015 high and if C=A or extends the Shanghai index could attack/exceed it's 2009 lows (end of Wave A) by late 2017.

[pisces]

Thanks Geo. i look at the shanghai index a lot , and FXI .  I see that a huge bearflag , i am not that good with e-wave .for over a week i had a trade on in YANG, not much yet,but it looks ready to go.it could be a whopper . TWT