Sometimes the really obvious stuff evades us. Just noticed something cool. Keeping Wink's idea above in mind, look at the following chart and tell me where it's going....
No it's not a 5 min chart of SPI or something short term... It's the XJO weekly!
It even has the little hump wink pointed out. I'm fence sitting for now because if it falls my wedge is nicely in play but if it doesn't get to march lows, that's a higher low and Wink's pattern may help create the diamond I suggested if the wedge fails.
Nice work wink.
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Last
8,596.4 |
Change
0.600(0.01%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,595.8 | 8,616.8 | 8,589.5 |
| XJO (ASX) Chart |