XJO 0.28% 8,114.7 s&p/asx 200

rebacka's - groggy bull - thursday, page-33

  1. 3,727 Posts.
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    With 144 td last night and 180 cal days due on Sunday, if the DOW doesnt pull back tonight or tomorrow night, then I have to side with the Bulls. Thursday of last week was a notable cycle top, which hasnt been penetrated, above that and the bulls are in control. A caveat of course, there is always a caveat, is that the MACD bars are getting smaller, suggesting a negative divergence, which will cause the DOW to reverse at some stage.
 
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