Monday, December 14, 2015

[FXI] update

Per the model of the backlink which is reproduced below...



...Chinese shares have now entered their C wave down.  Cs are like 3s, they waste no time.  A went very quickly so C should be just as aggressive.  At some point I expect the fear to turn into contagion with US shares.   Current snapshot is below.



3 comments:

  1. My guru Tony Caldaro, also put in a "b" on his $SSEC chart:

    http://stockcharts.com/public/1269446/chartbook/71070208;

    ReplyDelete
  2. What's his larger count? I see his chart coming down from a D wave which seems like he thinks this is working on C of E which implies wedge or HT of some sort which I do not see.

    ReplyDelete
  3. Good question. I can post the question for you or you can post it by scrawling down to where you see “Comments”. There are a lot of avid traders on his blog who may or may not response as well to your question:

    Posted in Updates| Tagged elliott wave, investing, markets, OEW| 141 Comments


    https://caldaro.wordpress.com/

    ReplyDelete

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