Elliott wave Analysis: IHSG & DJIA >>> Short-Term Overbought

IHSG: Strong resist di area 2.975-2.990, jika tembus menuju 3.035/3.070, moderate support di kisaran 2.945-2.920

Hold Buy 2.976 target 3.070 & wait to buy on 2.945 target 3.070 stop dibawah 2.915.

Track Record IHSG (since end of March 2010) : 48 Recommendations (32 profits: 4 break even: 12 loss) = (+20p+45p+73p+53+60p+45p+63p+0p+27p+50p-20p+13p+40p+45p+40p+29p-30p-154p-75p+80p+26p+0p+28p+80p+62p+53p+20p+0p+70p+99p+135p-20p-30p+50p+60p+100p+0p-55p-30p+59p-30p-20p-30p-30p+45p+70p). Total : Net +1305 points = Average 27.18 point.

DJIA MP: Wave 2 is one the way
(15/07) Hold buy 10.290 = Loss -100p. Buy break 10.115 target 10.380 stop loss dibawah 10.050, buy 10.000 target 10.380 stop loss 50p. Buy break 10.415 target 10.580 stop loss 50p.

Track record 39 Trades: (-65p-30p+370p + 280p+190p-30p+230p-30p+120p+200p-40p+280p+198p+205p+110p-30p+70p+200p+150p-50p-30p-30p-30p+145p-50p-30p+175p-50p-50p-60p-50p-50p+225p+100p-55p+100p+380p+220p+230p-100p). Total Net +3278 points = Average +84.05 points/trade.