XJO 0.58% 8,091.9 s&p/asx 200

moolamanic's - holdin' 'n' grinnin' - tuesday, page-101

  1. 6,485 Posts.
    Here's my chart, no-one cares probably, but i found a nice trend line while pondering our future. It's amazing how different posters' charts on the same index show different things.
    Bingy, the 123 bottom you have marked is actually a very nice uptrend line on both weekly and daily charts. We're still sitting up on top of the 100ema, but the stoch is topping so we will probably settle. I'm thinking that 4175 mark of 2010 lows would be a good point to stop, but imo we could go all the way to 4020 and still not break the uptrend. I hope not mind you.
    The new trendline I drew starts on the Feb peak and cuts across the downtrend to nicely pick up our 2 recent highs, and hits a few marks on the way too. My charts are not normally this busy.



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