XJO 0.31% 7,850.7 s&p/asx 200

cyclichigh's - top's in tues-cup-day, page-29

  1. 1,996 Posts.
    DJIA - down on increased volume and spread confirming yesterday was up on no demand and our market picked it right because they were selling it for two days with most of the supply coming in .
    So is it Armageddon? Is C wave upon us? Shall the bears now trample upon the 10000? A lot of pressure being put on last nights bar - The bear messiah . . . apparently? Perhaps it is. Or maybe we need to just come back and retest the June pivot low we broke through at 11860 - or maybe a proper test of the top of our recent trading range between 11400 and 11600?
    Anyway, we have another higher high, yes yesterday was a weak day with the widespread and closing low and watching now for some potential sign of strength if the market gives it to us being low volume narrowing spreads to the down side. We have a couple of valid median lines to watch as well on the daily - generally a 80% chance of a revisit.

    DJIA Daily

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