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.
EW waves are wonderful but IMO will probably lock you into a...
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Last
7,796.0 |
Change
26.600(0.34%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 7,769.4 | 7,796.9 | 7,753.9 |
| XJO (ASX) Chart |