The Taiwan Weighted Stock Index ( TWII ) Daily Diagram Training shows the following:
The TWII index has made a correction decline from 2.618 of fib for three weeks before it reacted on 100 last week. The index is on a market because the 50 is above the 100 & 100 is above the 200.
is trying to give a sign. is neutral.
Stay aside. Long above the 50 for a retest of the 2.618 level of fib. Short under the 100 for 200.