Hi Martis,
I'm very confused by this post
"I have inverted the xjo chart to look at things from
a different angle.. would u buy it? i would, on a pull back
(REMEMBER THIS IS AN UPSIDE DOWN CHART)..sell is buy..buy is sell.. "
My interpretation is
InverseXJO
- we've had a blow off top but we've broken resistance so expect a pull back to resistance (now support) and then further upside
XJO
- rally for the XJO in the short term before hitting resistance and then further falls
So (non-inverse) bullish short term until resistance and then bearish beyond?
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