Continuous from STI Analysis -- the next peak and trough ? (VI)
Looking at the way STI has developed since the peak in late January till now, I sense there is something wrong in my previous analysis since then till now. Have to backtrack and go back to basic to find out where things start to go wrong.
So far, STI Analysis -- the next peak and trough ?, STI Analysis -- the next peak and trough ? (II) and STI Analysis -- the next peak and trough ? (III) have been correct as none of the Elliott Wave rules have been broken. That is to say STI has completed Primary degree wave 1 and 2 and now in wave 3 since the low in 2009. However, in going down a sub-level into the Intermediate degree of Primary wave 3, there is where the analysis starts to get wrong. ......
