恒生指数持续发展下跌5浪2014-1-21 14:26:28

The focus remains on a turn lower in the Hang Seng.

No real change as we continue to look for a third wave decline under 22567 in the Hang Seng. Price should have a hard time with the 23276/346 area in the meantime or we will adopt the alternate of a truncated fifth wave- where wave '5' failed to form a new price low. In the event weakness under 22567 lacks impulsivity it would also favor the alternate of a fifth wave in an ending diagonal.

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