下滚动条 

台湾指数正在运行下跌5浪

发布日期:2015-08-18



 

 

Taiwan:

Asian Indices are rising in general today and Taiwan is no exception. Price should peak in wave '4' beneath 330.9 before another drop through 325.1. A rise above 330.9 beforehand would call for a review and perhaps another round of gains in new highs over 334.0. Initial downside impulsivity is necessary to promote the notion of a decline.

Previous:
The contract rollover into July leaves a large gap that may take time to get clarity. A fourth wave should meet resistance under 330.9 before another round of weakness beneath 325.1. This would complete an initial five wave decline from 334.0 and begin to shift the risk toward a consolidation. Ideally the 328.0 area of the .382 retracement level will repel this fourth wave.

Overall, favor a potential peak at 334.0 following a five wave advance of multiple degrees in the Taiwan Futures.