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..
- Forums
- ASX - By Stock
- XJO
- watchful wily wednesday
watchful wily wednesday, page-29
-
-
- There are more pages in this discussion • 30 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add XJO (ASX) to my watchlist
(20min delay)
|
|||||
Last
8,099.9 |
Change
24.200(0.30%) |
Mkt cap ! n/a |
Open | High | Low |
8,075.7 | 8,143.6 | 8,075.7 |
Featured News
XJO (ASX) Chart |
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online