Tuesday, April 20, 2010

IHSG - REBOUND WAVE B or 1 MORE WAVE 5-iii-5 UP?


WE'RE IN THE MIDDLE OF WAVE-INTERCHANGE. MONDAY STARTED WITH RED CANDLE, TUESDAY CANDLE BACK TO GREEN AGAIN, REALLY NEED TO WAIT FOR FRIDAY FOR CONFIRMATION WAVE 5-IV TO BEGIN.

YESTERDAY WE REBOUND NICELY FROM SUPPORT TOP OF WAVE 5-iii-1 AT AROUND 2818, CLOSING BELOW THIS LEVEL WOULD SUGGEST WAVE 5-IV CORRECTION TO START. OTHERWISE, WE MIGHT STILL HAVE A CHANCE TO MAKE 1 MORE NEW HIGH TO FINISH 5-iii-5.