XJO
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0.12% 7,822.3 s&p/asx 200

i love it when a plan comes together, page-9

  1. peter pumpkinhead
    6,757 Posts.
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    23/12/08
    11:12
    Post #: 4632486
    Here's a different perspective. This is the Dow chart flipped upside down. For some reason this seems to make the forming head and shoulders formation appear a lot clearer - just used to seeing them from this angle I guess. I also see something that looks curiously like a rising wedge forming since October. Looks like it could retest 8250 then its all downhill from there- or is that uphill?


    XJO Value at posting: 3,545.0
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    lightbulb Created with Sketch.  Great analysis
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