Wave count up to 3 Aug 2016

HSI Cash Daily chart

Meanwhile we may have the wave format adjusted .....


Since ratio 786 ( 22300 Cash )  have happened to be a very important Pivot , in addition , it ended the ABC wave rebound from 182 , I believe the entire wave is still surging for lower low for the time being

In weekly bar , we have a [ Key reversal ]  signal  , in day count we have a 90 days classic Gann count , in ratio study , we have a 786 formed


http://yamgroup2013.blogspot.hk/2016/07/ganns-classic-day-count.html


http://yamgroup2013.blogspot.hk/2016/07/urgent.html



These harmonic pattern shouldn't be regarded as coincident , thus breaking the year open 21782 would mean a deeper dive challenging the year low of 182


Also last week is the 65 weeks from 28621 ........


http://yamgroup2013.blogspot.hk/2016/07/minor-tops-and-bottoms-perimeter-weeks.html



Mind yr own risks ......don't trust anyone ....look for reasons for Entry & exit always


Happy Trading !




Yam