spi update, page-5

re: this xjo dead cat has legs The temp bottom for XJO, XMJ and XFJ may be in

Reasons

XMJ

1. 0.5 of oct low = 9917

2. XMJ expanded 1.618 of todays range down to 9948. The 1.618 = 9949. A move above 10000 will prob confirm the bounce

3. A range 1.618 expansion of the previous Range (23/5 - 30/5) gives us 9909

4. Near a major trend line from may 2005


Bottom today = 9949

XFJ

1. Near a major trend line from may 2005

2. did close a almost perfect 1.382 of high on the 6/6 and low on the 1/6. 1.382 = 5731. Bottom today 5730

XJO support @ 4921 (0.618 of todays range) Resis @ 4952