XJO 0.35% 8,266.2 s&p/asx 200

tangrams tuesday, page-71

  1. 2,829 Posts.
    To go with Rob's chart, this is an hourly back to June, which demonstrates the nice little back kiss on the red descending median line yesterday, as well as the test/retest pattern on the support and resistance tynes.

    Maybe we go up and test the upper red tyne, but seeing as how we are in the bottom half of the lower green channel, the odds favour a visit to the green support tyne before we go up. Best odds are to reject off the red ML first, which should coincide with a back kiss off the hourly ema34/41 pair.

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