XJO 0.75% 8,193.4 s&p/asx 200

intermediate top in place

  1. 1,787 Posts.
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    I think there is a top if we look at fibo from 3700 on 8th July to today's high at 4800.

    The fibo set up is beautiful with

    23% being low of last friday 2nd oct at 4534,

    50% on 21 aug at 4257,

    62% in late July consolidation around 4122.

    Rotation back to 23% is desired for new money to flow in.

    Cheers!
 
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