It seems inevitable that Merkel will eventually cave in on the Printing of Euro.........dont think anybody wants to be on the sideline when it finally happens.....
the question is.....How bad will they let it get before action is taken....
from a technical look at things......
from the 9th August till 4th Oct.......our last 2 low points was 56 days
add 56 to the 4TH October....we come up with the 29th November......I have been thinking that it would have been a top.....as suggested on earlier charts........
however, if it is to be a bottom, then I suggest we may touch the trend line joining the 9th Aug and 4th Oct....
of course....all hypothetical
biggdaddy's day off thursday, page-21
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Last
7,988.1 |
Change
-25.300(0.32%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,013.4 | 8,013.4 | 7,918.9 |
| XJO (ASX) Chart |