XJO 0.74% 8,285.2 s&p/asx 200

friday trading, page-209

  1. 2,810 Posts.
    I don't care which thread as long it's only one.

    I thought a chart roughly how I watch it would entertain.

    I normally mark these lines and watch the 15 min, 1 hour etc

    This is a daily ig asx200

    orange lines daily
    purple weekly
    green monthly.

    Also of note is that price has dropped into my cloud but not hit the bottom,
    green ma orange line. Some room to drop. The SPX hit the bottom last night.

    So I expect to hit the bottom 4376 and then bounce.
    Resistance then 4550. Get back above and the bears go hungry.



    My trade from last night. Price dropped out of the cloud and then the
    brown line dropped out of the cloud.

 
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