I tried asking this question a couple of nights ago, but alas nobody responded. I will try again. Do the bears have a upside target which they expect XJO to hit before it turns.
So far people called a stronger open yesterday and then downtrend to resume. This hasn't happened.
Others called the market to fall below Friday close to 4350s and this didn't happen
Some said if we have a strong bounce to 4720 that would be bearish, but so far this hasn't happened
Other said the day would end up slightly positive yesterday and it was slightly negative.
So is anyone willing to take an educated guess where we are headed and when. I genuinely want to know, if Voltaire, Robb, Redbacka, TReggs, Selmax are professors, I have just been dropped off to kinda by my mum in the world of Technical analysis
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