friday trading, page-11

Robbb, just had a fiddle with your 41 and 195 emas on the XJO. XJO broke down through the 41 yesterday....would need a 75+ point day to recapture the upside which could happen on the back of the US. The 195 is sitting down around 4300...with the weekly charts the situation is reversed. The 195 got broked yesterday and the 41 week ema is currently sitting around 4300.

there were a couple of arguments yesterday to suggest this correction may go to 4300 and your fav emas add support to the case.

Now that I pointed that out we will have a 100 plus day, the emas will be recaptured and the bull will resume. I'm already sorry I spoke.