XJO 0.39% 8,013.4 s&p/asx 200

francincense friday, page-99

  1. 2,810 Posts.
    Thanks for the explanation of degrees.
    I use to just gloss over guessing they were days.

    I posted a chart showing old R & S.
    Same chart with ichy since I mentioned the weekly cloud recently.




    An up close. Has not quite touched the top of the cloud.
    They generally never miss. I think it brings the old R & S
    line into it. It's not just a spike up to hit and reverse.
    If price can get above that green line it will be good support.
    This might take so time. Hopefully it wil not bounce around the cloud for months. Let's hope the R & S support line holds.

 
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