XJO 0.01% 7,750.0 s&p/asx 200

High Five Thursday, page-16

  1. 2,588 Posts.
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    Maxi's(@maxi48) pivot points up from the 4706.70L for the XJO ... well, AOK ...

    BUT, I think the really important pivot point(s) up from the 4706.70L are at the 5051/52 DB ...

    NOTE: where the 261.8%/161.8% extensions came in at using those remembering 'my' Fibs are taken from the range highs(in this case) whereas Maxi's are taken from the range low. Soooo, maxi's 261.8%Up = my 161.8% Up.

    Maxi's in Cyan, Tanotfa's in Ice Blue!

    From here, IF the XJO doesn't hold the ~ 5810 - 20 support in coming weeks, and any S/T rally is capped by the 5950.10H, then one would expect a test of the important Fib(s) near the 5611.50 swing level again. Take out the 5950.10H and those upper extreme Fibs come into play sooner!

    XJO_Fibs_200417_Dly.png
 
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