本帖最后由 ddd 于 2012-5-16 11:16 编辑
Jennyahwu 发表于 2012-5-16 10:48 
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ddd, lao da, is it not good time to buy dip?t hanks
My opinion, I was looking for a wave 4 type of correction on the daily chart. W4 is marked with the MACD completely flipped over to the negative side, and so far so good.

Whether the suspected W4 is finished, I don't know, but I have taken a small position on the Russel 2000 futures last night. Risky move, please don't follow. The market could prove my W4 anticipation completely wrong!

On 4H chart, a bullish butterfly is forming. Waiting to see if it's effective, or not, in the next week or so. If my W4 assumption turns out to be correct, I will be looking for a W5 that could bring a new high but with a ND in the MACD on daily chart. |