rjaadave you are passionate in your beliefs and for that I commend you but even you would have to agree that nothing goes straight up. Whether you're a bull or a bear you would have to agree that some sort of correction is due soon.
Moving on. Looks like the dates I've been watching have only resulted in consolidations so far. So we look forward to the next potential turn.
The SPX chart shows some repeating ranges, interesting that completion of one of these now would take us to the May top, almost like it was planned. I've also been watching the topping patterns from previous rally's as a clue to what might happen.
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Last
8,580.1 |
Change
-9.100(0.11%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,589.2 | 8,619.8 | 8,568.2 |
| XJO (ASX) Chart |