XJO 0.34% 7,796.0 s&p/asx 200

something to think about for monday, page-68

  1. 17,444 Posts.
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    EW waves are wonderful but IMO will probably lock you into a losing position.

    The chart below is a SPI chart and look at the multiple long tails.

    I agree that often a multitude of long tails that don't make headway can be reversed and make serious new lows.

    I have no reason to ramp the upside as my targets are lower, but there seem to be a few warnings here.


 
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