If the low is not in from a few weeks ago with the head of the inverted h&s on XJO and SPX, it will be the first time in my life that I have seen an inverted h&s on XJO and SPX daily time frames and there be a few closes above the neckline and then the indices to roll over and put in a new low straight away. For my mind the probability has to be that this is a shakeout and I'm looking for some evidence for a long play in the coming 2 or 3 trading days.
rhodes2ritches lipstick on a pig friday, page-64
Add XJO (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
8,037.3 |
Change
49.200(0.62%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 7,988.1 | 8,057.9 | 7,988.1 |
| XJO (ASX) Chart |