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thursday, page-11

  1. voltaire
    17,444 Posts.
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    22/07/10
    10:22
    Post #: 6930302
    IMO 1088ish is the bull/bear line on a monthly close and we are bearish as of the end of June.

    If we are to have a move higher and yet stay bearish, we probably need to close July below 1088 and then rally up for some time in August before once again closing August below the magic number and then down for a month or two or three.
    XJO Value at posting: 4,399.5
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    lightbulb Created with Sketch.  Great analysis
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