XJO 0.05% 7,765.5 s&p/asx 200

28/06 Week, page-4

  1. 6,411 Posts.
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    I did have a target of the 7220 bullish trendline for end of month (7245 by end of month)
    Which is why they were trying to push markets higher last week (to keep it above 7260 as long as possible)

    With any major selling today we may not get the usual end of month dip & once the selling dries up, we could get a much earlier recovery (depending on how US perform this week)

    Bears need dips to go lower on the sell cycle
    Bulls need higher bounces on their buy cycle
    If none of those happen we just trade sideways all day

    IG charts making it look bullish atm but that could be deception
    I'll wait for the xjo bounces to assess
 
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