XJO 1.10% 8,075.7 s&p/asx 200

tangrams tuesday, page-93

  1. 17,444 Posts.
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    What does that mean here?

    Well the midline for tonight/tomorrow was SPI 4484 and it is so far violated by reaching 4502.

    Yes, it may continue up I suppose, but it suggests that if it still attempts the downside, then this is the second last bar on a minor basis anyway.

    Since the way I use time is Sycom session to end of day sesssion, then the last down bar should be thought of as Wed night/Thur day.

    Just a thought to be considered and no absolute rule.
 
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