XJO 0.93% 7,889.6 s&p/asx 200

mondays mess, page-30

  1. 17,444 Posts.
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    I think the action since Friday suggests at a minimum we need a lower low than we have seen although it just has to minimal.

    That would be a litle wave 5 of C.

    Probably tomorrow unless we get a late sell off here today.

    It also times well with the 21/05 and 20/06 turns for a nice 30 and 60 day/degree Gann thingy.

    Of course we still have that nasty 911 pattern preforming and my important indicators still neg.

    Had a look at a lot of historical nasty patterns on the weekend and was surprised at how many H&S patterns had a false breakdown then rallied above the break AND then collapsed.

 
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