Xjo still priced lower than it should be, although we should be...

Xjo still priced lower than it should be, although we should be selling down from 7900 Monday to 7700 end of the week (no guarantee it completes the cycle)
I estimate 7800 is where the xjo should stand atm
I'm guessing this could pump to 7780 so they can sell down again to keep pricing honest (could be done after hours)
But as I said the other day, xjo rarely keeps it honest

Bears, today is your day
Today begins month number 7 of selling (you have 48hrs to successfully make an appearance)
You started at 7600 & almost 7 months later you've lost 300 points at some stages (I won't even mention how much lubricant bears have used in overseas markets)
That's not quite how to successfully short the market
Who knows, this month could be the month charts finally break

Bulls, if bears concede this week, you have 6 months of short covering to do in less than 2 months
So next week, you could celebrate even more

Worst case scenario for both camps is they do the cover as soon as the bulls break so our market goes nowhere
Delays everything another 3-6 months