XJO 0.46% 7,953.2 s&p/asx 200

weekend ta thread, page-23

  1. 1,850 Posts.
    Here is something I certainly dont see very often,

    Look at the Mav's !!!!!!!!!!!!! WOW Talk about convergence !!!

    If ever there was a market stuck in the mud this is it ...
    One thing is for sure it can go on forever , but it won't.
    As a general rule mavs converge as a percursor to moves, if this is any indication then the next move is going to be a wopper , however it could prove that wrong but I doubt it.
    I wonder what it is there waiting for ..anyway its a good idear to be on alert when unusual things like this occour ...I can't really find anything much that gives a clue to where it's going from the chart it's so balanced, But I reckon when it does... get on it could be a goodie..

    mavs 21,55,144 ,,30 min chart ..
 
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