Leaving the XJO for a moment and looking at the (unrelated)NASDAQ ... Some interesting FIB's came in at/near recent top.... both Long_Term and Near-Term.
Not too sure what this means for us other than it's another 'nail' in the US markets ... well for the meantime moi thinks ... and if we are to return to the 'norm', can't be good for us in OZ either.
Monthly Close Fibs ...
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Same Fibs shown on Candle Chart ...
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AND, then DAILY FIB Chart ... p.s. ... note the "little" H 'n S's Pattern at the top and its MM ... 5388.
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