XJO 0.18% 8,300.2 s&p/asx 200

XJO weekly. What is going on now looks like what went on with...

  1. 4,155 Posts.
    XJO weekly. What is going on now looks like what went on with the 09 - 10 topping pattern. Might add that I'm seeing a bit of evidence that there is a multi-month distribution going on the US atm - monthly ranges DJIA, for example. Not the best time to go out and open a margin account and get fully extended with the house as collateral, but you never know. I took a short on XJO today but closed it before about 20 minutes ago b/c, you know, I'm not so sure about the downside here..

 
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