Monday, November 8, 2010

will ucad break last low?

Hi all,
it seems that ucad is still in the bearish trend showing that wave c is still not finish. Previous counting that i did on ucad is not valid anymore, as i expected wave c to end, however looking at the bigger wave, the counting still valid until it breaks last low at the bottom. As we recall, the counting starting from the bottom with wave 1 and ended with wave 5 forms a bigger wave of 1. Later continued with wave A,B and C which forms bigger wave of wave 2. The validation of wave 2 is still acceptable because it doesnt break the bottom  of wave 1.

Giving the latest counting on ucad, I anticipate it to make wave 3 soon. However, should it breaks the last low.. consider this counting not valid. tq.

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