XJO 0.10% 8,212.2 s&p/asx 200

fiery friday, page-123

  1. 17,444 Posts.
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    What's the most singular feature of last week's trading?

    IMO its the fact it was a massive outside reversal bar.

    I have been scanning through historic evidence looking not just for outside bars but coming after a rally after a selloff.

    The prognosis is not good though not 100% unanimous.

    I can see at least a continuation down for a bit as per SanFelipe's call into mid week, as the bullish outcome.

    The negative one is some day or days upside and then a much bigger fall for several weeks.
 
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