XJO 0.30% 8,099.9 s&p/asx 200

fryday trading, page-88

  1. 4,960 Posts.
    orright you horrible lot :))))

    Closing action SUGGESTS that the bulls will run again in the short term.

    it was tight on the large Volume Sells versus Buys, and Sells appear to have SLIGHTLY pipped the buys, will post figures up on short term trading thread later.

    the momentum wave counts I showed on the hourly a day or so ago ar now in a far better position for momentum to now occur to the upside on this timespan, and the expectation is that price will follow.

    Also as Volt will have noticed we ended up tonight with an ever-soslight premium XJO to SPI.

    BUT and huge but The DAILY has no Buy, and the WEEKLY has no buy. trading to the upside I beleive is valid on hourly at this stage, anyone calls this a bottom of bottoms now good luck, I am not with you :)))

    Interim short term trading to the upside though is my current mode (again)

    oh hey Tad, regarding me getting "smashed" both short n long yesterday, thanks be n thanks to the trader oriented peeps here and other threads, time in the market and lessons learned, was not a huge hit to the account at all, just a bit confusing and a minor dent, didn't bring the profits from this week down below zero or nothing. Learning my limits fellah :)

    ;)
 
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