XJO 1.25% 8,052.6 s&p/asx 200

winks weekend wonderings, page-90

  1. 3,731 Posts.
    Just studied the chart pattern. It looks like we are having a gentle ascending trangle rather than a outright symmetrical trangle, which is more bullish than bearish.

    But recently the SPI is more often hanging around low trendline, makes it more likely to break down.

    If Volt and NL's theory are correct, that is we might have a high near year end, we need either to break, or stay near the uptrend line.

    Could the massive ponzi scheme might put a lid on the project upside movement?

    Chartwise, not looking very promising ATM.

    We need another pair of shoes....

 
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