XJO 0.06% 7,676.2 s&p/asx 200

mondayitis trading, page-65

  1. 1,850 Posts.
    Ok robbb here it is updated ..it looks like we could be getting a short term bounce according to the macd ...But overall I still hold a bearish bias ..knowing that markets don't go in straight lines ..this is always expected ...but i think you'll find unless we can get above the previous bracket it's still very bearish . alot of people see double bottom and go yippy a big rally well that is the case sometimes usually when it's a spike ..but thats not so this time .This is a longer trem bearish development .
    I'm happy to be wrong if i am i'll be long if i am .. but for now there are some levels here you might like to trade off ...some people don't like trading levels ..thats ok ..but there here anyway
    good trading to you ......
 
watchlist Created with Sketch. Add XJO (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.