Is a 23.6% retracement enough?
Rarely and even 38.2 doesn't cut the mustard.
You need to think 50% or 61.8.
Yes, lower lows could be made first which changes the dynamics I suppose.
Shenzen was pitiful and looks a worry while not yet breaking to new lows.
But it is about to get exciting and we all love that, right!
A break above 0.618 suggests teh 5th wave idea is in play.![]()
- Forums
- ASX - By Stock
- XJO
- monday trading
monday trading, page-45
-
- There are more pages in this discussion • 74 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add XJO (ASX) to my watchlist
|
|||||
Last
8,010.5 |
Change
12.800(0.16%) |
Mkt cap ! n/a |
Open | High | Low |
7,997.7 | 8,010.5 | 7,951.5 |
Featured News
XJO (ASX) Chart |