19 August 2013

DOW and HSI

click on it for a better chart

many readers asked about the fallout i forecasted earlier.

at the time, hsi is about to make a correction because the fourth leg up is rare without a correction. a correction of 800 points does come, so is the fourth leg. still hsi is not out of the woods yet if you look at the weekly chart, it is still on the margin of a possible fallout and has not climbed back into the right v of a w chart formation.

since then, dow is on a trend going south already, so brace yourself for a rough ride ahead esp in sept.

click here below for dow's chart or copy link to your browser:
  http://finance.yahoo.com/q/ta?s=^DJI&t=6m&l=off&z=l&q=b&p=&a=&c=



No comments: