Darenth
Short

HSI WAVE MARKS NOTE,Fall into the abyss?(Correction)

INDEX:HSI   Hang Seng Index
hsi
Note
Hi, thanks for sharing. Overall an excellent count and I agree with but feel you are over complicating it with several cycle degree labels unless you are suggesting that 2007 high was wave III. But even then the initial decline appears to be clear 3 swing zigzag to 2009 low so why do you have 2 circled. Just wondering, and you explanation might explain your could better. Thanks once again.
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sorry, I can't understand your mean, if you use a chart, I think I can understand it. :)
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This is what I mean. But not sure why you have wave III at your 2007 top, unless you are suggesting it is larger wave 3 TOP but I don't have the data for confirmation. However if I correlate to other major markets of the world, I think that 2007 Top is very significant top it probably generation top of cycle completion from many decades
snapshot
+1 Reply
I only found a fuzzy chart (1964-2008), I think 2007 is the first top of Wave III( Wave III - 1).
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Ahh OK, I see. Thanks.
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