Imagine what might happen when QUEEN BANK BEE Meredith Whitney changes her position from short to long on the banks LOL
Have just updated XJO i posted at easter and its amazing how the critical point has now come in to play for me
We today broke above the 3 day swing chart down trend line and closed above it
We also went 100% of the last range out ( high f today ) and we also closed on the 5500 support line. I think I said at the time mabye we need a good push through the trend line and then to come back down to the top side of the trend line and hold to support the intial break above down trend line.
26 march was EBOT, it took an additional 5 days to break significantly but i didnt mind LOL
I also like the way 458 gann square is working too at present we are 4 down from the high to low and our move up today took us 1 up from the bottom
Anyway heres the chart and interesting times into mid april i guess
Have a great night
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