November 16, 2017
We Said 3400 Not a Significant Level – ST Index
See our previous posting for full story and how we determine the weak or strong.
This was what we look at the chart again on November 10 chart. See the past summit, 2015 summit is quite a distance for STI to catch up. If the momentum remain, it is unlikely as everyone are in a holiday mode now. Sales are very busy, but the plan for the year is near end for most of the manufacturing. If you do not have the product to hit the market by November, you should call it the year. The game is near over. Of course, unless you redress your existing product like the latest to for the consumer.
To break the 3450 will also be a challenge, true or true? Will see.
ST Index and Gartley ABCD Pattern
See chart for more, picture worth a thousand words. The extension break the 200 percent level.
ST Index and Wave
See chart for more, picture worth a thousand words.
ST Index and Trend
See chart for more, picture worth a thousand words.
Moses
AmiBrokerAcademy.com
Disclaimer
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