Market Strategist: EWIHSG & DJIA 19-08

IHSG Combo Technical Analysis (CTA):  Dow Theory/Gann Grid/Elliott Wave/Fibonacci/Modern TA (DMI/Stochastic/MACD/Zig Zag)/Candlesticks.
IHSG telah mencapai 2 target: 1. Resist di 3.100an (panah biru) dan target support di 2.970 (arah panah kuning).  IHSG menunjukkan kenaikan terbatas dibawah 3.100, karena stochastic dead cross dan wave koreksi abc.

Liat TD Wave 10/08: http://www.blogger.com/post-edit.g?blogID=6833542981102286398&postID=5218895147221569420

(16/08) Hold Sell breakout 3.035 = Loss -35p.  
(18/08) Hold Buy breakout 3.065 (resist line on triangle) target 3.095 stop 30p. 
Sell 3.100 target 3.040 stop 30p.
Track Record IHSG (since end of March 2010) : 54 Recommendations (37 profits: 4 break even: 13 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+74p+57p+35p+50p+50p-30P). Total : Net +1551 points = Average 28.72 point.

DJIA Elliott Wave
DJIA:  Wave C is on the way. DJIA masih downtrend channel & dibawah 200-day MA (10.703), lower high higher low, stochastic crossing lower.

(17/08) Hold Buy breakout 10.435 = -50P. 
Buy breakout 10.475 target 10.680 stop 50p. Sell breakout 10.325 target 10.150 stop 50p.

Track record 48 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-60p+265p+20p+80P+90P+130P-30P+50P-50P-50P). Total Net +3723 points = Average +77.56 points/trade.

http://www.blogger.com/post-edit.g?blogID=6833542981102286398&postID=5783868815015600408

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