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re: 20 year chart xao/3450 Plusltec I agree with 3450 being the...

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    re: 20 year chart xao/3450 Plusltec

    I agree with 3450 being the next support line as well as a 50% retracement

    The only thing to watch though is that the XAO is also sitting on a support line at the current level as well as being at the bottom of an upward trend line.

    IMO if you are not yet short I would wait to see what happens over the next few days, the market may stage a recovery from here but is more than likely to continue it's free fall
 
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