XJO
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0.88% 7,959.3 s&p/asx 200

Hi @gj0201 I hope you don't mind me using a cut of your chart to...

  1. DrSeuss
    14,059 Posts.
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    18/09/15
    11:01
    Post #: 16016007
    Hi @gj0201

    I hope you don't mind me using a cut of your chart to explain what I posted earlier

    Here we can see an upthrust - a failure to break resistance. This is not pretty. Some may taken a short trade on close. Others on confirmation tonight. It's a far lower risk trade than those who bought the breakout last night and are now sweating.

    18-09-2015 10-54-05 AM.png
    Last edited by DrSeuss: 18/09/15
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    lightbulb Created with Sketch.  Great analysis
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