yup, treggs, copy the bottom line of the wedge to a likely top point, and there you have the likely trend channel for xjo.. wedges sometimes morph into trend channels instead of breaking lower.. but they do sometimes break lower too..
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XJO
s&p/asx 200
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1.37%
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8,757.2

thurs night tick tick tick, page-58
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Last
8,757.2 |
Change
118.200(1.37%) |
Mkt cap ! n/a |
Open | High | Low |
8,639.0 | 8,776.4 | 8,639.0 |
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XJO (ASX) Chart |