One problem with that theory is that although it appears to be a double bottom, it has broken the T/L from the March lows, so potentially there is more weakness ahead. By my timing, that should be Monday and should see the XAO another 70 pts lower. If that doesnt happen, then we have seen the lows imo
With NAB and ANZ sitting right on their L/T T/Lines, one side of me
would like to think that we saw the lows today.
weird wacky week, page-78
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