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Wednesday, 06/16/2004 10:55:04 PM

Wednesday, June 16, 2004 10:55:04 PM

Post# of 51799
Nikkei market action

The nikkei opened lower and bounced back sharply in morning trade. The wave pattern on the intraday chart could be the beginnings of an ending diagonal as a new high on Wednesday looks like a 3 segment wave. The end of this wave would be early next week, possibly in sync with the western markets.

http://finance.yahoo.com/q/bc?s=^N225&t=5d


I'll search around the world for clear elliott waves if ones in the US markets are unclear.

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