XJO 0.57% 7,944.3 s&p/asx 200

bollingerbob's - nice little panic monday, page-8

  1. 662 Posts.
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    Hello,
    At this stage the two cycles that terminated last week - SPI 200 at 4455 on 16.6.11- are still holding.
    Two options - the market fluctuates for 7 cal days from 16.6.11 and then heads North, or obviously we drift (crash/capitulate)lower.
    If 4455 holds until this Thursday, it's good for Longs otherwise look out below.
    cyclic
 
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