SHCOMP Shanghai Composite
SHCOMP Shanghai Composite
Great observation by The_Unwind , he recommended taking a look at the SHCOMP and the structure in 08 is very interesting.
The structure leading up to 08 sure does look like a Hyperwave except for the Phase 1 line and the acceleration of Phases 2 and 3 are stronger than usual but it does meet all the criteria except the P1. Could it be in a much larger structure as a fractal off of a Phase 2 line much like the dot com bubble and the Nasdaq today? We need to see if there is an accelerated weekly closing trend line in the future if it finds support at this possible Phase 2 here
Great observation by The_Unwind , he recommended taking a look at the SHCOMP and the structure in 08 is very interesting.
The structure leading up to 08 sure does look like a Hyperwave except for the Phase 1 line and the acceleration of Phases 2 and 3 are stronger than usual but it does meet all the criteria except the P1. Could it be in a much larger structure as a fractal off of a Phase 2 line much like the dot com bubble and the Nasdaq today? We need to see if there is an accelerated weekly closing trend line in the future if it finds support at this possible Phase 2 here
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.