XJO 0.30% 8,099.9 s&p/asx 200

watchful wily wednesday, page-29

  1. 1,374 Posts.
    bdz...

    once the insto 'cartelling' subsides (XJO)
    one would expect the natural cycle to continue
    and form a peak as current manipulation usually is
    only a short term influence...

    getting back to lord volts suggestion on gold,
    i dont see a tripple top as its to early in the
    cycle...

    data is a day out but i dont see it affecting
    a higher 20w low forming in an ascending triangle
    pattern which should break up to form a cycle peak...

    next major low is around june, then a counter trend bounce,
    then we grind lower into late 2012 / early 2013 which will
    probably reflect how general market sentiment is across
    most financial instruments..



 
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