Exakerly syndrome definitely showed its strength today. a lot must of been caught with their charting bounces reacting exakerly as they predicted yesterday only to be caught in a trap. Perhaps most forgot to look to where a break in a trend could lead to.Like an anticipated target from a break in a chart pattern .
It was written on the wall.support from a 250 point trading range was broken leading to an approx target of 5950.
does it end there?
If Exakerly Syndrome prevails and we Exakerly follow the dow jones tonight in a fall(if it does) where is the next support. 5600 or there abouts.
Perhaps a chartist could put something up showing the correlation between the xjo,djia,and s&p500.would be very interestingto see it was so obvious the xjo jumped out of the gates too early
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Last
8,818.5 |
Change
-59.200(0.67%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,877.7 | 8,877.7 | 8,803.5 |
| XJO (ASX) Chart |