Indices 27/2, page-54

That's how markets work
It's a constant battle between bears & bulls on every time frame until a trend changes
I'm not going to post at every checkpoint for every time frame to tell everyone whether it's good or bad

We're in a downtrend & it needs to break the downtrend
It can't do that if it can't jump a fence
I would post you my chart but you'd end up with vertigo
Haha

AUD is being dumped for no reason which is affecting our markets
We've lost half those gains since oct

Markets don't do straight lines but the xjo is the most rigged market & has done a straight line for almost a month (yes, trading within my fences)
They're not even trying to pretend it's random any more
Haha

They had a target in mind & it's going to get there no matter what
There was nothing we could do except try figure out which bounce is the bounce that breaks the downtrend

You say we need interest rates higher for longer, yet why is the aud being dumped??
Everything needs to correlate but it's causing confusion atm

So if the xjo closes above 7220 today I have hope for 7280 tonight & breaking the downtrend (or at least avoiding 7160)
It doesn't, then I'll track the indicators & hope they haven't made space to try target 7160 for tomo