I think the XFJ may break down tomorrow and hit the 4100 region by friday at which point it may be in for a nice bounce....the XFJ peaked on 15th Oct 219 days after the 10/3/09 low....this saturday marks a 100% time extension. I have friday 21st down as a fib division for the XJO so that adds weight to my case. The XFJ has formed a beautiful double top and tested the neckline again today....just as I have friday as a time fib division for the XJO I have the same for the US tonight. On the weekend I heard a couple of Pesavento interviews where he was getting excited about something big happening on the 17th in the US.
Could this be all too neat ??
xjo monday, page-54
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Last
7,921.3 |
Change
60.100(0.76%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 7,861.2 | 7,938.3 | 7,861.2 |
| XJO (ASX) Chart |