XJO 0.26% 8,031.5 s&p/asx 200

is it forming an ugly head and shoulders, page-75

  1. 11,522 Posts.

    Checked it, Spielchekr has interesting angle looking at ema distributions around the point of golden cross.

    However, if similiar emas, by definition has similar past price patterns, so he's just found similar charts.

    But keeping to ema dists, 1970 looks cubic as well as 1940 and now, with 1970 giving rise to a solid bull. He's missed the 1988 GC, which looks like it could have similar cubic ema, as has some similarities in the chart pattern, but with a solid bull afterwards.

    So with a similar cubic ema distribution, have two bulls and one bear, lol.

    Thinking more topside before final downleg.

 
watchlist Created with Sketch. Add XJO (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.