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0.37% 8,272.7 all ordinaries

all ords triple top and falling abc swing sign

  1. intsub
    128 Posts.
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    20/05/10
    22:36
    Post #: 6718923
    Hi All,

    Not sure if anyone notice the triple top recently formed here on the All ORDS. More than that, it also formed a ABC downward signal and has just passed the B point to reach lower.

    I've plotted the graph, in addition with the Average Directional Index indicator at:

    http://ozstock.blogspot.com/2010/05/technical-analysis-all-ords-triple-top.html

    Seems like all the signals are coming together.
    XAO Value at posting: 146.00
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    lightbulb Created with Sketch.  Great analysis
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