XJO 0.88% 7,959.3 s&p/asx 200

pullback thursday, page-27

  1. 1,929 Posts.
    4524 close,

    That means yesterday was an outlier.

    Fibbs never tell lies.
    Black are current plan fibbs and orange are major 07-09 fibbs.
    Using these to gain market psychology on a daily basis is useful for planning future cycles.

    4464 before cycle high 4542 is my guess.

    Photobucket

    Rob<7> I've used Voltaire's masterpiece to give indicative outcomes. In the back of my mind however I'm still open to using mercury as a guide if we do have a transitional phase to a more bullish nature which would put Mid Aug as a low and around 20th Sept high. For now I'm just trading the plan I see.

    P. Good trades all.
 
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