Blog

21 June 2019 – Uptrend Continues

The uptrend continued this week. Subwave iii (brown) may not have ended yet, although I have entered the label to show the wave. We look forward to the uptrend continuing further next week.

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19 June 2019 – Supplement: Uptrend?

Trump’s announcement that he will meet with Xi Jinping at the G20 has turned global markets around. I have adjusted my daily chart to reflect this, as shown above. The recent bottom could have been …

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14 June 2019 – Taking a Breather

The STI is taking a breather. It has formed the first subwave of a three-subwave correction wave. It is now forming the second subwave. Next week we should see the second subwave ending followed by …

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7 June 2019 – Counter-correction

As expected, the counter-corrective Subwave c (brown) has started to form, trying to get back into the correction channel. It remains to be seen how high Subwave c will go and how long it will take …

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