2008年10月30日 星期四

Today, expect a run of 124 down but not, means the hsi is seen a short term bottom(can be long term), heading up for more. For rebound, we use ABC. ABC have different size. at this moment, we don't know what size is it, so, we use 1:1 first.

A = 10567-13245,
C = 12235-14913

Target 14913

inside the C, it should run a 12345 where the135 can be 12345. we see the first 1 is jump. so, we're at C-3-3 right now. afternoon can be open higher then run down for C-3-4, and up again to finish C-3-3.

let's count the C-3-1 which start from 12235 to the high of first 30mins which is 13380. a total of 1145 points. The low of the first 30mins is 13158, if we add 1145pts, and it's 1.382, 1.5, and 1.618 times as the C-3-3 target, we get.

1: 14303
1.382: 14740
1.5: 14875
1.618: 15010

with this big ABC 1:1 = 14913, and small C-3-3 target max 15010.
we can set a short term target at 14900-5000 for now.
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below is my original thought one week ago.

Just a thought.

resistant: 15500, 17300



below is Second thought

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