XJO 0.87% 8,283.2 s&p/asx 200

xjo weekend zoomba lounge, page-43

  1. 4,627 Posts.
    Good probability of Dow 11500 being taken out next week imo though Martis. Last nights bar was wide spread and closed high, dipped back nicely into our big area of supply from the 9th and volume has been dropping off everytime price has dipped back into that area. To me it's showing that the supply is drying up and buyers are stepping in to support the price. The test this week will be to see price push through those 3 narrow spread no demand bars from 15th - 17th.

    Weekly looking quite bullish indicatorwise as well.

    Monthly, well could go either way but if we close above 11500 next week I would be biased to the bullish side.

    Cheers and happy to play devils advocate still lol
 
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