XJO 0.27% 8,036.5 s&p/asx 200

friday fumblings, page-55

  1. 17,444 Posts.
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    Local market breeched 38.2 % so heading for 50% or SPI 6510 it seems.

    61.8% lools good at SPI 6675ish as it and other markets would make lower double tops at that level.

    Lower double tops usually more often than not are seen from major tops.

    I have found taking the neutal bias during the day so trading equal weighting up or down and reestablishing trend indicated weighting over night if not trading, better than keeping uneven weighting through the day.

    May temper that with uneven day weighting when trend unambiguous, ie. not close to overbought/oversold.
 
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