bill3173 - passion in your xjo posts tuesday, page-6

  1. 2,859 Posts.
    I actually think there is a good chance of a weeks pullback. Dow made double top and that is usually a good place for a reaction to start. The pullback should present a good buying opportunity however imo. The January runup did break some important resistance obstacles on my chart and that is often followed by a pullback before continuation.

    The AUD broke its double top so that signifies that there is more bullishness to come...once a pullback plays out.

    Many stocks I follow look to need a pullback in the short term before resuming their intermediate term bear rallies. That fits into what I have stated above.

 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.