XJO 0.30% 8,139.8 s&p/asx 200

buy the rumour - sell the fact, page-19

  1. 2,776 Posts.
    Wink ftse,

    Watch dow and spx, trade ftse or other EU market. ftse seem to find top and bottom turn points prior to US turn, though i suspect US still largely push and pulls other markets. EU seems to go with the body of flow but then act as an early indicator of too high/low (they dont always get it right and that can be an advantage too).

    Off the 1 min again look at the pattern at the top prior to the turn - it topped out, then it was tested again - bingo!

    Im into very short term moves atm, in and out. Patterns after that initial break said more downside but i was happy to watch.

    I think we (MM cfd market anyways) will get some downside today. I note that is a dangerous call after reading JD's up prediction..lol
 
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