Hi all u may wanna check but the last 4 or 5 Wednesdays have been down days for spi with Thursday being some form of a v shaped recovery with a higher close than open .
Can only guess tomorrow will be the opposite as patterns don't last forever . Note Wednesdays have had fake breaks at or after lunch time as well . So if we think it will be up then look for a fake break down after lunch .
Nuffin deffinite but xjo monthly open is key on xjo [which was support this morn ]and we don't normally do more than 3 months red or haven't since 1994 .
So if Wed is opposite [up] then look to sell a spike high on Thursday but note I think xjo must close above 5650 Friday .
Prob getting a bit ahead of myself with the above but it feels right for an opposite approach here .
ge
- Forums
- ASX - By Stock
- XJO
- a rally is on
a rally is on, page-44
-
- There are more pages in this discussion • 88 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add XJO (ASX) to my watchlist
(20min delay)
|
|||||
Last
7,813.7 |
Change
36.000(0.46%) |
Mkt cap ! n/a |
Open | High | Low |
7,777.7 | 7,836.8 | 7,777.7 |
Featured News
XJO (ASX) Chart |