"It probably goes for a hard squeeze in mid 5300s zone. Getting there. Bit more patience for the pounce time."
We almost got there, and put buyers seem exhausted. So I think it's the pounce time - especially given the artificial nature of the green arrow (backtest, fib, bolli, etc). First stop, 5150-5200, I imagine.
Warning: imo, best to avoid fighting it if it somehow moved higher than 5400, as FOMO can turn this into a massive nonsense meltup.
XJO - Bear Posts only (Factors which might cause the markets to fall), page-15841
-
- There are more pages in this discussion • 281 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add XJO (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
7,769.7 |
Change
-8.400(0.11%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 7,778.1 | 7,787.5 | 7,755.2 |
| XJO (ASX) Chart |