XJO s&p/asx 200
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wednesday wetrace, page-4

  1. bmac10
    573 Posts.
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    15/09/10
    10:14
    Post #: 7199015
    Hey Chartists, Starting to think we may have seen an important session yesterday with a possible double top on the XAO and a fake out on the XJO.

    XAO Possible double top & reversal with a weak close.


    S&P500 looks like it might of rejected off strong restistance.


    Dow jones chart shows price action is along way off from breaking out and is still showing a potential H&S pattern which is making me think the breakout on the XJO was a fake out.



    Sorry for the bearish view but i cant see us getting on with it without the yanks.

    regards
    bmac
    XJO Value at posting: 4,641.8
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