George25 发表于 2011-12-24 19:01 
Can you share/post your analysis with chart(s)?
I am so sorry, I never have my own chart.
Let me try to analyse with my "Shanzhai" wave:
The key: Is the current up phase a wave c of a correcting phase (That may be CM's view, just my wild guess), or a wave 3 of a continue up change(more or less ctcld's view).
Testing: If it is a c, then there will be a fast down phase that will go all the way to the new low. Otherwise, it will be reversed while it will take a rest in the middle of the down change.
Up till this weekend, I prefer a correting phase without evidence. But now I prefer a middle up theory.
My supporting evdence: Comparing with the previous down phase, the major difference for this up phase is the topping(it spent too much time at top than the down phase, other aspects of the two phases are pretty similar so far. I view this as an edge for the up phase.
Hope that I made my point clear. |