*NOTE on 17 May:Also don't forget to watch the Uptrendline Support, Wave 5-iv should end there. In case of panic selling, we only allow a false break to that line, so be carefull with any breakdown with big vol & full red candle would signal a real crash.
*Now we're in a real crash, a new beginning of a long downtrend, the Uptrendline Support has been broken and we can see the red volumes are very big for the last few days. FTSE & DJI also has broken their uptrendlines.
*Counting Big Wave A down divides into 5 Wave down. We prefer a ZIG-ZAG again with formation 5-3-5. We have passed Wave A1 & A2 and now we're still in Wave A3 with target around 2400, then we expect a minor rebound for Wave A4 with target around 2580, after that another Wave A5 down to around 2280 to complete a BIG WAVE A.
*IHSG WEEKLY BIG ZIG-ZAG ABC DOWN:
*After completing Big Wave A (5 wave down), IHSG should rebound to Big Wave B (expect 3 wave up) with target around 2700, then will go down hard to Big Wave C (another 5 wave down) with target around 1800 (targets for Wave B & C will be updated again later as time goes).*For those who want to clear position, you have 2 choices, get out at Wave A4 or get out at Big Wave B.
*Do not fight the market, don't try to catch a falling knife, we will only BUY when our indicators give us a clear signal to buy. BE PATIENT... PATIENT... and PATIENT.
