Mongo
From an EW point of view, this rally does look like a 4th wave with a new leg down to come.
I am still watching the VIX in case it does complete waves D and E of a triangle which would imply a monster and sharp market collapse.
I had always assumed a rally top would be formed at the earliest on Armstrong's April date next year or even Aug/SEp but I am not to sure of anything any more.
McHugh has IMO always had a bearish bias which tends to make him a guru in bear markets but an also ran in bull markets.
- Forums
- ASX - By Stock
- XJO
- afternoon rally on the way..
afternoon rally on the way.., page-64
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add XJO (ASX) to my watchlist
|
|||||
Last
8,092.3 |
Change
139.100(1.75%) |
Mkt cap ! n/a |
Open | High | Low |
7,953.2 | 8,092.3 | 7,952.8 |
Featured News
XJO (ASX) Chart |
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, CEO
Anthony Noble
CEO
SPONSORED BY The Market Online