XJO 0.33% 8,226.3 s&p/asx 200

upside risk, page-70

  1. 1,600 Posts.
    re: projected resistance hehe! I have done a few of my own wierd and wonderful lines and would like to point out on this chart of yours gann45 .
    From a peak in jan feb 2006 across to a breakout in march the intersecting line lands at about the intersection of your red and blue lines that I dont know where you or how you drew them so I have a point in time of either resistance or support at that point.4920/30
    If the market does not hold this point then a massive sell off may result
    If it does hold this level then it may continue its long term agenda
 
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