Wednesday 2 December 2015

SSEC

This is in continuation of the post on 30/9/2015. There it was anticipated that SSEC has likely started an uptrend since the bottom made on 26th September and is likely to move up. That has what has happened. 

Going forward the probable Elliott wave counts are shown on the chart below. It appears like wave (iv) is complete and the prices are moving up in wave (v) to complete wave 1 or A. Subsequently the prices to resume the uptrend once again after a correction for wave 2 or wave B.


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