wsbza

Bearish potential

Short
wsbza Updated   
FX:AUS200   S&P/ASX Index
2
could be a 12-12 sequence or simply a 5-wave decline followed by sharp rally, although wave 2 seems bit oversized if comparing with wave 4

MACD & RSI were unable made new highs when price pushed for few higher highs
will short if price penetrate below the 5440 supportive zone
Comment:
15 mins trend seems promising so far
Comment:
either pink or green labeling
Comment:
bearish potential still valid
Comment:
looks like another smaller degree 3rd wave is underway
Comment:
i guess it's under wave iii of (iii) now
Comment:
alternative count be wave i of (iii) in the making

'When you have eliminated the impossible, whatever remains, however improbable must be the truth.'


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