just plain old tuesday, page-66

so, putting it together, what do we know?
(1) huge intraday volatility possibly/probably signalling toppishness.
(2) Support at xjo 6180 has held against several assaults, signalling some base level.
(3) resistance at xjo 6200 has also held all arvo, signalling a cap on rises for now.
(4) holiday tomorrow, plus volatility, suggests no rally this arvo.
(5) the coiling since this morning suggests a breakout one way or another - within the coils the big cycles have had higher highs and higher lows, suggesting an upside breakout at some point.
(5) Japan rallied almost 2% this arvo
(6) aud off about 1%.
(7) Possible correlation between xjo and currency? Just conjecture but seems likely.

Strategies: Late I know but playing the range this arvo would have been good. And playing the breakouts. And standing aside.