rest of the week , page-67

I would have to agree with you there wink. I have Fib 50% retracement level on daily graph at approx 4800. Add to this strong resistant levels at this level formed in late october, early to mid november and early december.
It would however mean a rise of 200 points from low of XJO and Im not sure if the market has enough "ooomph" behind it to do that due to all the uncertainty.
So in essence Im really sitting on the fence with a potential for a bounce back to 4800 but with a very skeptical view of my own analysis hence Im long on a few CFD's and shares but am constantly shorting the XJO on rebounds as a hedge.