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Web thoughts-denzuko1.blogspot.com

My Charting Blog

It is interesting that I start off this Blog when the Singapore Stock Market is heading south. However, this makes it more interesting for me to write on as the market turned volatile. My interest is Technical Analysis, TA for short. I love to look at charts and predicting where they are heading. This blog is or me to record my thoughts on the market. The articles on this blog are based solely on my personal opinion on the charts that I read and readers should not take it as absolute.

2/25/2010

My take on STI for the last few days

YAWN




Seriously, my wave count seems to be still on track. It is in the mid of forming the B wave at the moment, which explains its relatively flat movement. I gather that there will be one more leg up before it goes further down. However, it is a Loooooooooonnnnnnnnnnnnggggggggg wait.

2 Comments:

Blogger Unknown said...

So when will the projected upward movement begin based on the wave analysis?

6:43 AM  
Blogger denzuko1 said...

One thing that I still have not learned is the prediction of when. However my own belief is that the c wave might not be that great considering this to be a c of B wave. The C wave down should be more spectacular.

9:06 PM  

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