XJO 0.30% 8,099.9 s&p/asx 200

Well I called for a small night down and got a small night up.I...

  1. 17,444 Posts.
    lightbulb Created with Sketch. 57
    Well I called for a small night down and got a small night up.

    I think that is more bearish actually.

    Japan, France have long term weekly sell signals.

    US needs to close above 1473 tonight to avoid same.

    MACD on some US stock and indexes gone pos but RSI's all below 50. Stochs at 80 which is bear rally zone.

    McLaren suggested tonight or Monday as a rally top.

    On the local market my indicators suggest distribution below a breakdown.

    By McLaren count we have actually only had one day up which still leaves us in fast mode down.
 
watchlist Created with Sketch. Add XJO (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.