XJO 0.50% 8,118.8 s&p/asx 200

friday trading, page-26

  1. 17,444 Posts.
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    I think we had a flat topped triangle fourth wave and we are doing the 5th up now.

    However, Robbbbbbb's point about a turn date here and exhaustion leaves open the possibility this is a 5th wave upward slanting wedge. The lines do fit, but if that is the case we have gone about far as we should go.

    The triangle seems to be not angled enough for my liking for that but..... Any higher and forget it.

 
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