Since the August low we have had 4 months sideways or 120 degrees.
This is typical of a big distribution in a major bear BUT can be a base.
The pattern has the typical 3 wave zigzags in such a formation till now.
The E wave is always tricky and can under or over shoot. Even the E wave pattern can be tricky.
It is hard to imagine that the sideways move has any more time.
Prepare for a violent move NOW.
xjo weekend zoomba lounge, page-12
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Last
8,051.8 |
Change
-19.400(0.24%) |
Mkt cap ! n/a | |||
| Open | High | Low |
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| XJO (ASX) Chart |