XJO 0.68% 8,205.4 s&p/asx 200

mpx,Hypothetically, I think it could easily break 21000, stay...

  1. 2,776 Posts.
    mpx,

    Hypothetically, I think it could easily break 21000, stay below it for some time and come back up through it like it wasn't there - why? Because it is very deceptive....lol

    Im not suggesting that is what i think it is going to do. I don't really know but have found it will move first around larger world market turns.

    I find it relatively simple to trade in some of the channels it forms and concentrate within those boundaries and dynamic S&R etc

    False break, fake out champion. If it breaks the that uptrend line all other markets will be heading that way too imo.

    I have not traded it for a few days.

    Weekly dynamic 50% is about 20,327 (IG)
 
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