when to buy and sell, page-4

Sanfelipe

Your guess is as good as mine.

I suspect the US is going to start worrying about rates in the week after next despite the last Bernanke comment. I think 28/06/06 is Fed night.

One could argue this is just a simple 2 in wave 3 EW with the main thing about to start to the downside.

We could see a lower double top at SPI 5139 or a myriad other possibilities.

A couple of up days means little and 100 pt days aren't much at these levels.

I expect US to be up tonight but won't bet on it.

In summary, the trend seems down and the evidence against it has yet to appear.