Hello Traders,
the Topix set a new high @2068.88 today while the NIK fail to do so. This divergence is lasting a few days and still in place. My favorite count for now is an EDT for the TOPIX which is still in place or with one more push to the upside is allowed. The Limit for this move is max 2081, otherwise wave 5 is longer than wave 3 which is not allowed in an...
Nothing realy changed! I have eleminated the idea of an EDT, because an important trendreversal did not occur. A new high was set on top! It looks like we`re in a correction of lesser degree and the TOPIX will set a new high befor corrective move will occur. Ok, lay back and wait...
Have a great day
rubennase
Hello all,
here is my Idea about a possible TOPIX count on a daily basis!
I´m not certain about the odds, but I think it is a possible wayy to labble this move.
Wave 5 of 1 as an EDT or labbeld per the alt blue labbles as an exp Flat for Wave 4! So I´m not really sure about the odds and have to wait for clearer movwements.
Any comment welcome.
Have a great...
