XJO 0.75% 7,737.6 s&p/asx 200

A SPI chart and a few thoughts on a Monday price.Triangle at...

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    A SPI chart and a few thoughts on a Monday price.

    Triangle at about 6008.

    0.618 of the above range is 6001.

    Equal correction to Feb is 6016. Mclaren says corrections should get smaller so larger will be a bad sign.

    Initial down move last May was 2X228 or 456. That gives 5996.

    Next lower is 100% of upper range at 5894.

    These are only targets for tomorrow and I expect we will see much lower numbers beyond.





 
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