XJO 0.86% 7,829.7 s&p/asx 200

fridays, page-88

  1. 1,374 Posts.
    pete

    its a scatchy inverse h & S at the best of
    times but its there...

    im anticipating a reversal confirmed by a
    morning star pattern...

    i said the other day about a prospect of shorters
    still holding postions (xjo/world indicies)
    geting squeezed and would probably look to cover
    hence pushing the 8500 level..

    sophisticated traders probably would of covered last night
    in anticipation of the technical reversal but 'the herd'
    mentality will exist in short positions as well..

 
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