XJO s&p/asx 200
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elliott wave analysis of xjo & spi, page-24

  1. Nouf
    178 Posts.
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    13/11/13
    14:34
    Post #: 12564529
    SPI

    Staying under 5400 is good and suggests more downside as i suspect its in wave [iii] of an initial 5 wave decline from the yearly highs.

    So looking lower under 5400, i would like to see a deeper move now towards 5300 to target wave [iii].

    Nice back test of the trend line


    XJO Value at posting: 5,336.0
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