Perfect Wave - 2011-Q3

09/17/2011

Comments are welcome!

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A very destructiv wave-__3 overnight ended wave-D consolidation. The penetration of wave-D-d's starting point sent out a signal that the wave-E has started. The target of wave-E is at around 1080.

Since the market sentiment is very bearish at this moment, a rebound (wave-_4) is expected now. The ideal rebound target is at around 1150 area.
 
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