Asian Dead Cat Bounces Are Almost Over The Nikkei is finishing up wave 2 (double zigzag) of Wave 3. Intraday chart <a href="http://finance.yahoo.com/q/bc?s=%5En225&t=5d&l=on&z=l&q=l&p=&a=&c" target="_blank">http://finance.yahoo.com/q/bc?s=%5En225&t=5d&l=on&z=l&q=l&p=&a=&c</a>= Daily Chart <a href="http://stockcharts.com/h-sc/ui?s=$NIKK&p=D&yr=0&mn=6&dy=0&id=p75635173805" target="_blank">http://stockcharts.com/h-sc/ui?s=$NIKK&p=D&yr=0&mn=6&dy=0&id=p75635173805</a> The Chinese SSEC is finishing up wave 2 (flat) of Wave 3 that started on Jan 29. Intraday Chart <a href="http://finance.yahoo.com/q/bc?s=%5Essec&t=5d&l=on&z=l&q=l&p=&a=&c" target="_blank">http://finance.yahoo.com/q/bc?s=%5Essec&t=5d&l=on&z=l&q=l&p=&a=&c</a>= Daily Chart <a href="http://stockcharts.com/h-sc/ui?s=$ssec&p=D&yr=0&mn=6&dy=0&id=p75635173805" target="_blank">http://stockcharts.com/h-sc/ui?s=$ssec&p=D&yr=0&mn=6&dy=0&id=p75635173805</a> The next major downsize moves for both markets will involve a plunge more than 20%, and have big gaps.