Thursday, October 22, 2009

History repeats itself


Here, you can see the Picture 1 and Picture 2. In Picture 1 which has a LABEL 1 that is DJIA chart while label 2 is the PSEi or Philippine Index.

As you can see there is the V-Shape in Circle, Rectangle and Triangle this the pattern I made. It just a guide for you to be watchful in trading this following months as the support is being well supported the bullish going but it there is a break the downward pressure or the last wave would coming.

For my Opinion, the CSI 300 or China Index is in last wave bearish market.

FYI, the CHINA index which the one leads the up-trend as to then the first leads to bearish market or in downward trend.




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