Morn all , as per below step 1 is in place as spi went 22 above the open . Last 2 times was 17 then 21 so close enough but cofirmation tomorrow if it doesn't go higher . Note if the pattern was funny blighthers time 17, 21 so 25 above would fit so spi 55 top where as we have a high so far of 6352 .
If it does take out todays top [we can't be sure the top is in yet ] then guessing only that the 7 week pattern remains and up we go .
Once again Friday proved positive ! grrrrrrr
Subject: re: correction getting much closer now.
Stock Code: XJO - S & P ASX 200 Index
Posted: 15/06/07 15:38 Hotcopper Radio: XJO on BoardRoom Radio
Posted By: gse1963 Views: 437
Post #: 1874714 (In Reply to msg #1874560 from Virginiak) Sentiment: Buy
IP: 58.178.xxx.xxx Voluntary Disclosure: No Stock Held
Virg i think they are just copying the bar of 2 weeks ago as the range is near perfect .
Friday nights have statisitically been up although this is likely to change and tonight could be it but this weekly pattern shows we want a major gap open so to short 15-20 ish above the open on Monday and a down week with spi closing at 6300 on Thursday .
If only they'd obey me ,lol
http://www.futuresource.com/charts/charts.jsp?s=APIM07&o=&a=W&z=650x450&d=LOW&b=bar&st=MA%284%2C9%2C18%29%3B
TOU violation
ge
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