XJO
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0.81% 7,971.6 s&p/asx 200

funkymonks - sitting bull friday, page-4

  1. voltaire
    17,444 Posts.
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    25/11/11
    03:50
    Post #: 9339693
    XAO hrly Thursday close suggests a weak start to Friday which seems strange with US closed. However SPX futures are trading and weak so perhaps so.




    Wave form suggests even at a minimum that we see a bounce shortly and then a nother leg down. I do have a small cyclical low anytime now.




    Are we position 1 or 2. I suspect the latter but...

    XJO Value at posting: 134.50
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    lightbulb Created with Sketch.  Great analysis
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