Maybe we'll go in reverse of US trading session..
XJO drops first Monday then pushes up towards the middle to end of the session suckering in the BTD or side watching crowd? If this occurs I expect a big quick reversal push, to get the FOMO happening. How it ends I am not sure...
They could rinse and repeat until there's no more BTD crowd with funds... but best not to wipe them out completely... otherwise no one to sell to on the next drops... I have no bottom targets (even with chart analysis). These are just potential guides. Everything is manipulated to make it look like something is happening to target a specific chart watcher.
XJO - Bear Posts only (Factors which might cause the markets to fall), page-382
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Last
8,547.4 |
Change
-17.700(0.21%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,565.1 | 8,577.4 | 8,525.4 |
| XJO (ASX) Chart |