XJO 0.71% 7,783.0 s&p/asx 200

Target is the congestion area 4270-4280 (2 competing fibs region...

  1. 686 Posts.




    Target is the congestion area 4270-4280 (2 competing fibs region - i.e. 09 low to 5000 pt high of 2010/2011 + 03 to 07 low and high + previous congestion price region when expanding the time frame)

    Repeating price downrange is complete. Strong green candle evident by the other days price action. HOWEVER this is yet to give a buy signal on Short v Long Term MA;s as well as the Super-Sar indicator.

    this is the line in the sand for the market... bull or bear case whichever you are.
 
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