it's good to see that you are positive, nothing wrong with that. in fact you may be right on the money.
lets look at it from a different angle...which IMO think it's the most important.
we should be looking at "weekly charts" rather than a few rally days on a daily chart.
IMO we need to see some sort of "sustainable rally" ie: 3 weeks plus (something like that).
one good week doesn't mean things have changed.
weekly chart below
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- ASX - General
- calling the bottom is stupid
calling the bottom is stupid, page-7
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