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S&P 500
5,011.12
(
-0.22%
)
US TECH 100
16,845.60
(
-0.54%
)
Dow Jones
37,775.38
(
0.06%
)
Brent Oil
85.78
(
-0.73%
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Bitcoin
64,933.97
(
2.24%
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techcharter

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techcharter

Re: None

Wednesday, 09/09/2015 10:50:43 PM

Wednesday, September 09, 2015 10:50:43 PM

Post# of 51767
Nikkei crash resumes

http://stockcharts.com/h-sc/ui?s=%24NIKK&p=D&yr=0&mn=6&dy=0&id=p34173313267

Tuesday night the Nikkei took off like a rocket ship with an 8% rally. The rocket is heading back to Earth tonight with an orbit 3% lower.

The slightly bigger e-wave picture I see is:

Wave 1: August 2015 high to August 2015 low. Motive wave.
Wave 2: August 2015 lows to September 08 high. Corrective flat.
Wave 3: September 08, 2015 high. Just starting. This should be worse than the 15% drop of Wave 1.
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