XJO 1.75% 8,092.3 s&p/asx 200

whi551First target would be modest - just a retreat to where we...

  1. 1,019 Posts.
    whi551

    First target would be modest - just a retreat to where we started today - on the 23.6% line at 5580. After that the recent low of 5187 and if it really tanks you'd have to look for the 50.0% retracement from the bull market highs which would be 4772.

    Then again - I could be totally blown out of the water over the weekend if the 'septics' have a strong Friday and Monday!!

    Who knows? I don't. Can't predict the future: just try to work out what is probable and try to make money backing that outcome.

    Regards

    - HBG



    Trade the market you see - not the market you hope for!
 
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