XJO 0.10% 8,214.5 s&p/asx 200

elliott wave analysis of xjo & spi, page-14

  1. 16,819 Posts.
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    It's so obviously going to go up I dunno why anyone even bothers to debate it.

    I guess on the face of it we have a precarious fundamental circumstance with a technical structure that looks half exhausted . That's obvious ,no gold stars for anyone pointing that out.

    On a level that is more indicative of the trend we just don't have any sellers left , speak to anyone in there either on a semi professional level or the mums and dads out there ,they're all risk averse.

    How's it going to go down too far then ,if the wheels fall off they'll all be piling in ,most of them have been waiting 6 years.

    It's all self evident to me,but then again I don't tend to analyse or think about it too much ,just try to keep it simple
 
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