XJO 0.88% 7,959.3 s&p/asx 200

31/10 Indices, page-39

  1. 6,444 Posts.
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    Chart bosses have played this well

    Suppression on the xjo for the entire month of October
    Only yesterday & today have they taken the suppression off
    We're about to hit 6940 (next intraday fence)
    6940 is also the top of channel from October (without the suppression)
    But now it looks like a breakout

    XJO has to break 6940 to be seen as a breakout in my opinion
    Not by just a few points either
    Next channel will be 7140 target
    But first let's see how market handles 6940 & this rates decision
    Dxy continues to fall

    I don't mind if markets rally
    I'm as bullish as you can get
    I just don't like the deception & the way they go about it
 
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