XJO 0.34% 7,796.0 s&p/asx 200

lets just call today what it is... thursday, page-2

  1. 9,803 Posts.
    yeah, theres a triangle pattern on a lot of indexes which one authority says is common to 4th wave downs. This suggests a fifth wave to come. But, fifth waves seem to be fickle things and truncated fifth waves are common. I guess any break of the triangle (whice spi has done)could count as a fifth wave, so from here it could make new lows, or rally. wtf do I know. I guess a break of the recent previous low will suggest at least a retest of where this rally began wayback when, but another bounce off the previous recent low will suggest a rally, finally.... I guess..
 
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