XJO 0.93% 7,889.6 s&p/asx 200

friday frollics

  1. 17,444 Posts.
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    There, I have started a new thread and we can get back to business as usual.

    I think that 4700ish is a real target with a couple of trend lines just above.

    Dynamics suggest tonight/tomorrow as lows at SPI 4748 although weekly is only 4803 so already below.

    That probably means that nothing dramatic happens till Friday night ( a new week starts Friday night), although a mini repeat of 911 as per the charts I posted can violate that.

    The fact that the weekly dynamic lows are violated is like BB's violated and can suggest that although the bands will limit the move, the trend is in that direction for a while.

    I did mention the TDSEQH on SPX last week and so far another is on this week although the week isn't over. It doesn't always work but seems to be this time although it can be as litttle as a week or three but sometimes more major.
 
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