XJO 0.18% 8,300.2 s&p/asx 200

gap the gap before friday, page-40

  1. 17,444 Posts.
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    Trying to find positives in the market action and indicators is like trying to find hen's teeth.

    From a pattern view we could call the current low a higher double bottom with July 19 I suppose, if that's it or a little lower.

    The McClellan summation seems to have swung into reverse without a transition and bullish percent went neg too.

    Apparantly US seasonals suggest the the next week or so is usually bullish, so perhaps we get some weak rally and then it gets really bad.

 
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