I agree with you pisces. Gotta be lucky to catch a run with shorts (and by the time many longs provide a short signal, following being whipped out of them, they are already oversold.) Feels like a dogs breakfast.
I'm registering downside trend breaks on MND, CTX, WPL and ALZ, but it is difficult to be inclined to capitalise on them based on the above and due the fact that the XAO is nearing its up trend line. I still think things are bullish based on this, in spite of the false break we just had. I notice the S&P500 is now at its uptrend line support, or perhaps its about to break an inclined wedge?
Also noticing that the XJO is currently improved slightly intraday, but BHP (which I hold)is still at its lows.
Wouldn't mind the sports Almanac from back to the future.
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