XJO 0.19% 7,865.5 s&p/asx 200

sell the fact thursday, page-83

  1. 17,261 Posts.
    lightbulb Created with Sketch. 458
    Emark, as with the normal head and shoulders both shoulders are ideally the same level but that's not essential. you certainly can't have a shoulder go lower than the head. the left shoulder(s) was around 3960. Volume is even more important on a reverse H&S than a normal one so low volume is essential.

    the other worry is that we just follow the DOW 99% of the time and there is no such pretty pattern forming there so keep an eye on America as well before making rash decisions. Also this is just a possible trading op not a new Bull.

    Now.....does that still sound bearish enough ??

 
watchlist Created with Sketch. Add XJO (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.