XJO 0.86% 7,829.7 s&p/asx 200

XJO Weekend Charting and Chat - 23rd March 2018, page-4

  1. 837 Posts.
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    Hi JT,
    Would you mind explaining why on your MACD chart you label the period from early October 17 until late January 18, a "False PA Breakout"?
    Did it seem to be that for you at the time, or was it apparent only in retrospect?
    I ask as it seemed a strong Bull Phase to me at the time, and the sudden correction in early February was a little surprising as the US indices were going gang busters up until that day.
 
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