going down....descending triangles are breaish anyway....and the height of the triangle is the theoretical amount by which it can drop....this will take us to a level that is 61.8% below the top....these things don't just line up randomly....the market is setting itself up for a fall.
Obama can not save us as this market is much bigger than he....but i hope a mammoth fall will end as he is inaugurated.....that way we may have market forces colliding with obama's popularity and we may then have a really decent bear market rally.
- Forums
- ASX - By Stock
- XJO
- descending triangle
descending triangle, page-4
-
- There are more pages in this discussion • 166 more messages 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
(20min delay)
|
|||||
Last
8,295.1 |
Change
68.800(0.84%) |
Mkt cap ! n/a |
Open | High | Low |
8,226.3 | 8,319.4 | 8,226.3 |
Featured News
XJO (ASX) Chart |
The Watchlist
EQN
EQUINOX RESOURCES LIMITED.
Zac Komur, MD & CEO
Zac Komur
MD & CEO
SPONSORED BY The Market Online