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Yes, I agree, which is why I do look at and study the bigger...

  1. 180 Posts.
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    Yes, I agree, which is why I do look at and study the bigger picture like yourself smile.png

    What's interesting about the XJO price decline since that 7,633 peak is the overlapping nature of it. See chart below. I agree with you that the XJO could see further lows. My target is around the 6,000 but will depend on how the wave count develops from here.

    It's probably fair to say AIS will also head further south as well until the markets find the inevitable low. This is what my AIS wave count and observations is suggesting.

    Have a good weekend Exised.
    https://hotcopper.com.au/data/attachments/4770/4770579-7b73043b64d1bbb869d53350bc3934ec.jpg

 
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