XJO ... "Beware The Ides of March" ... Bl#*dy Shakespeare:( ......

XJO ... "Beware The Ides of March" ... Bl#*dy Shakespeare ... Right on queue!

XJO has indeed broken 'that beautiful uptrend' but also confirmed the break of the 5pt Wedgy Pattern shown below on the Daily after our False breakout on the topside(for pt 5).. In addition, this week's candle, an Engulfing Bearish Candle, spells disaster ahead ... says he softly. And its not as though we haven't seen it before on the Weekly Charts before as a reliable warning!

Sure, too early to be confident with "disaster" but I think we are in the process of a significant correction at the very least and, maybe, have seen this year's high!

Good luck with your Weekly summary @PaddingtonBear ... don't get too stressed.

P.S. For my Buy's at the moment ... BBUS n BBOZ are the words.

DAILY Chart ...



WEEKLY Chart ...