unable to post the charts however,also on the shanghai index 0.8% box size by 3 box reversal hilo data plot.there is an uptrend line,which can be breached near the 2500 area and a vertical count from the last down thrust column that gives a target of 2050.this count has not been activated.needs a break below 2750 to do this that is a very bearish downthrust column
ashraf the shanghai does not get bearish until 2700 area is breached check it out go to stockcharts.com.load the free chart for $ssec.p/f charts eod data are free. parameters are atr 20 for box size,by 1 box reversal <a href="http://tinypic.com" target="_blank"><img src="http://i28.tinypic.com/2s6r89k.png" border="0" alt="Image and video hosting by TinyPic"></a>
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however,also on the shanghai index
0.8% box size by 3 box reversal hilo data plot.there is an uptrend line,which can be breached near the 2500 area and a vertical count from the last down thrust column that gives a target of 2050.this count has not been activated.needs a break below 2750 to do this
that is a very bearish downthrust column
[IMGhttp://i28.tinypic.com/2s6r89k.png[/IMG]
the shanghai does not get bearish until 2700 area is breached
check it out
go to stockcharts.com.load the free chart for $ssec.p/f charts eod data are free.
parameters are atr 20 for box size,by 1 box reversal
<a href="http://tinypic.com" target="_blank"><img src="http://i28.tinypic.com/2s6r89k.png" border="0" alt="Image and video hosting by TinyPic"></a>