XJO 1.25% 7,777.7 s&p/asx 200

31/10 Indices, page-179

  1. 6,479 Posts.
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    So for those with the xjo chart boss playbook manual, if you turn to page 27 you can see it playing out perfectly so far (a little slow motion though haha)

    XJO yesterday closes at 6857 (slightly off. Sorry for my miscalculation)
    Convinces all the bears to short under 6850
    (it was funny watching all the permabears toot toot their way around on the threads yesterday like fools)
    Now we have the bounce towards 6910 (sorry again if it doesn't quite get to 6910)

    Next we see the bosses dip this again after hours
    Convince bulls that this was a fake bounce so they give up
    Convince bears that it's a rug pull & markets will tumble so they double down
    How low depends on bulls convictions

    Before we know it we'll be at 6990 & everyone will be convinced that is market top & will short again
    Do this enough times this month to build support
    We'll be at 7200 by the end of the month

    Trade safe everyone
    Haha
 
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