XJO 0.35% 8,176.9 s&p/asx 200

morning star monday, page-120

  1. 1,929 Posts.
    Once the 4350 was confirmed I have the next gap 4526 XJO.

    For now it appears the cycle has started again with shorts and bulls loading up.

    Trailing stops and fingers crossed.

    Weekly charts look sick but skewed from last weeks pounding.
    Daily has promise.

    I may have miscounted but 100% time from March low is 19/06/2010 This from memory would be close to the next FOMC meeting and the next US 1/4terly earnings reports.In the past market tops have coincided.
    If so the next leg down should be deep if Euro is still a basket case.
    Voltaire, I'll stick this in the XLS I need a new wooden spoon.

    Good trades all.
 
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