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Tuesday, 12/26/2006 10:08:59 PM

Tuesday, December 26, 2006 10:08:59 PM

Post# of 51808
Asian Markets Days From Top

Nikk

Early Sept 06 to late Nov '06 looks like a Wave 4 flat. Wave 5 show 5 complete segments. Nikk is ready to head lower at some degree.

http://stockcharts.com/h-sc/ui?s=$nikk&p=D&yr=0&mn=6&dy=0&id=p98331346671


Shanghai

Moove from Aug '06 low started going parabolic in Nov '06. Dec '06 to present the market has gone vertical. extensions and parabolic spikes are followed by sharp reversals.

http://stockcharts.com/h-sc/ui?s=$ssec&p=D&yr=0&mn=6&dy=0&id=p98331346671

Hang Seng

Off december lows has been an ending diagonal in wave 5. The ED is about to truncate. This indicates a severe turn in the making. The top looks rounded.

http://stockcharts.com/h-sc/ui?s=$hsi&p=D&yr=0&mn=6&dy=0&id=p98331346671

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