lazy friday, page-51

Volt am guessing u r using 2 differing methods to call HK a weekly sell to XJO a weekly sell ?

HK maybe an exhaustion weekly close but xjo now has 2 red ones .

Will need to do some more probabilities on xao but my thinking was 3 red or repeat of Oct 2003 which was infact 5 down but the 2nd down was green .

In my simplistic approach of the bull since 2003 that xao can do several down from a high to the weekly 10 ma and be ok but a smash of the weekly 10 ma in the first week after a new high means mini crash .

I went through the trend up to 2001 and they used a different approach to the tops so am still sticking with the above stupid patterns although maybe it has changed with xjo doing 8 green , the saps .

ge