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Jakarta Composite

7 Jul 2016 ‚óŹ 04:34 AM

Jakarta also has a triangle but one that is rising or ascending like a wedge. It does so into what can appear like a right shoulder on the long term chart. It is wave B like in the case of Taiwan. And implications of wave C down long term would be new lows below the neckline. C=A points to 3700 to start with. 

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