XJO 0.25% 7,699.8 s&p/asx 200

johnaus's - brink of death - friday, page-10

  1. 7,728 Posts.
    Indicators both in the US and here yesterday gave the impression of a down night -- they were wrong, or more likely, I interpreted them wrong.

    The chart pattern was what I call a "pimple on a pumpkin", reversal: a large up candle followed by a tiny one near its top.

    I'm cautious. BHP has already faded its weak open and is in the red... for a change, banks are up and metals and miners struggling.
 
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