Alternate WXY

27 Mei 2020

We are in a BIG corrective pattern in the form of a potential WXY pattern from the TOP of 12410 to the BOTTOM of 7510 ... W and X seems completed now.

If y has started it shd be in the form of yet another impulse 12345.

X low is the key if it goes ...this wave is invalid.

2 Jun 2020

Nota

Touchdown we are 50% retracment....

2 Jun 2020

Nota

now 50% retracment done key psycological resistence now at 10000 on weekly closing basis///i think bears will protect it by weekend...

for 61% retracment and the completion of the wxy pattern we need a weekly close or 2 consecutive close above 10K fr further upside...

since moodys downgrade was digested by the markets ....need to be cautious on this may be thr are some late pending sell orders in the market which will be executed.

3 Jun 2020

Nota

Gud to see we are above Point W now.. impulse 3 wave of 12345 of Y is massive. ....

5 Jun 2020

Nota

well the bulls did protect 10k weekly ... honestly i thought this will take some time before it gets to the final tgt and the wave completion.

19 Jun 2020

Nota

Alternate WXY cud be an extended ABC corrective..

24 Jun 2020

Dagangan ditutup: sasaran tercapai

Internal 5th wave rocking ... 61% retracment from low achived nearly....

can this 5th impulse of y can extend to 10900 tats a big if...

its beter to be sidelined at this area ...will be coppier .... and enjoy the profits at current level