XJO 0.67% 8,150.0 s&p/asx 200

is it forming an ugly head and shoulders, page-89

  1. 1,850 Posts.
    yes chris i agree ,...I can't post a chart today ..but i think equity markets might have a little breather wrapping up a defined value from the recient rally ..i think thats a process that began a while back with this re-tracement..
    we know the defined value from last Nov to March was about 3550 ...and since the rally we have'nt really had a go at it untill now . it's going to be higher than 3550 ..
    once we spend some time conolidating and it's put to bed ..where going to get the next difinative move ..and personally i think it's to early to tell.
    good trading to you ..
 
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