Strike Analytics

Asian Holdouts

23 Dec 201405:40 AM

Some Asian markets appear like they are still completing wedges or triangles that might take time as Asia, on the back of China and Japan tries to hold up.

Singapore wave E up might not be complete.

 st231214

Hong Kong wave E might not be complete.

 hs231214

Nikkei that broke out into wave 5 some time back, has corrected in 3 waves and as the JPY continues to fall, wave 5 may subdivide and extend into a complete 5 wave structure. Wave 3 of 5 up next for Japan.

 nikkei231214

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