Hi everyone, dont post often, but enjoy all the contrarian perspectives in this thread. From an outsider, lets not get personal and keep to the facts, but ensure you substantiate with some evidence rather than inuendo.
For what its worth, here is my view on the AXJO short and longer term.
Short Term (daily)
Solid day, better than average volume, to consolidate a break above 4222. In essence, all buying and a sign of strength that should carry forward for the short term. No resistence until 4309 IMO. Short term trend is up.
Medium Term (weekly)
Broken out of an apex to close above 4265 resistence. Volume is a little light on yet, but pro-rata for the four days, it may look OK by Friday night. Medium term trend is up. Dont see medium term resistence until 4460.
Good luck to all you traders, regardless of your background. Value your views and the integrity of this thread. Keep it real. As the great Mitta said previously, anyone on the dance floor? We may be on the cusp of a solid run if US can stay calm. Vix is in good territory. Cheers
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