XJO 1.75% 8,092.3 s&p/asx 200

TreggsOn either chart the trend is down and the index is likely...

  1. 1,019 Posts.
    Treggs

    On either chart the trend is down and the index is likely to fall out of the Wedge, despite the hopefull amoungst us calling a 20 point rally a bottom!

    XJO has given back about 17 months of gains, which is by no means a capitulation, nor Armageddon. Some might think that the sky is falling - they obviously haven't seen a nasty and protracted bear market ...yet!
 
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