Chris, it does appear that I am indeed on a planet of my own at the moment! Everyone seems bullish...amazing!!
Chris, I know the force is strong in you. Just look at the weekly chart which you posted. Look at the last 2 low formations (June 10 & Sept11) and you can see they are much more solid with more time making them stronger. This recent low is by comparison built on weak foundations and is coming back up to the high too quickly. I does NOT have the strength to be cracking new highs.
My opinion of course and I'll be looking to crack open some new shorts around the 13050 mark.
El Capo
hctv presents mission impossible monday, page-45
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Last
8,057.9 |
Change
58.600(0.73%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 7,999.3 | 8,083.7 | 7,999.3 |
| XJO (ASX) Chart |