Fundamental vs Technical Analysis
Technical Analyis
Support vs Resistance
Support - prices on a chart that tend to act as a floor by preventing the price of an asset from being pushed downward
Resistance levels - also regarded as a ceiling because these price levels prevent the market from moving prices upward
GSW1 - 1985 to 1997
Wave 3 - 1989 to Dec 1993 (500 to 3300/3474)
GSW2 - 1997 to 2001 - (3474 to 1000)
GSW3 - 2001 to ____
Super Cycle Wave 1 - Oct 2001 to Aug 2007 - 6 yrs more or less - (1000 to 3800)
Super Cycle Wave 2 - Oct 2007 to Nov 2008 - 1 yr " "
Super Cycle Wave 3 - 031709 to ? ( est dec2013 june 2014) - (1747 to ____)
cw 1 - 031709 to 080211
cw 2 - 080211 to 092611 or 110310 to 092611
cw 3 - 092611 to 051513
cw 4 - 051513 to 062513 nx is sideways/consolidations
cw 5 - 062513 to est. dec or nx yr
Supercycle Wave 4 may be in 2014 up to 2015 (1 year)
Supercylce Wave 5 may be in 2015.
Sources:
http://www.investopedia.com/articles/technical/061801.asp
http://www.pinoymoneytalk.com/forum
http://www.pinoymoneytalk.com/forum/index.php?topic=44602.720
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