Category: Money tips Release Date: 2007-03-12
Source: July Investment Author: the right to de
Comparison of the market every critical moment, wave theory, can be very good to play its proactive role. In the broader market did not fall below 1541 points, we would have to determine the current rally is basically considered to belong to five waves up. The key question then is what can be five waves position?
From the 1004 starting point of this wave of rising trend of view, has come out very clearly a wave and 3 wave up, given the emergence of three waves rose up to 690 points, extending as much as models, we expect five waves again the possibility of extending such a huge is not large, according to the length of the first wave of computing, then a conservative goal of the first five waves near the 1760, this position has 1783 points, important stage in the early stage of high pressure, therefore, whether or not be able to break through 1783, stocks in this position may be adjusted oscillation trend emerged. A relatively optimistic analysis perspective, the tape can break 1783 points, then can confirm that five waves essentially an extension of its higher target from the first wave of 1.618 times to calculate the words would be 1895 points, 1004 points, in accordance with the broader market began to rise Channel to calculate the upper track, then 1900 points, two striking convergence. Thus we have two basic goals, near 1783, when pessimism and optimism, when near 1900. If the recent level of activity in terms of individual stocks, we prefer to tape to break 1783 points, out of the extension of wave movement.
The recent rise situation, large capitalization stocks and small-cap stocks moving up between the characteristics of the wheel, which is a relatively good sign, so that the rise in the trend will be more healthy, to be more lasting. With the approach of travel 11 blocks performed well, but the wisdom of this subject is usually a hot stage, operating time to master a good time span. In addition, the early favorite for the unit should pay more attention to, after adjustment for full-round action will again.
