XJO 0.39% 8,013.4 s&p/asx 200

I posted yest that Thursday is usually a V day although I wasn't...

  1. 9,485 Posts.
    lightbulb Created with Sketch. 1
    I posted yest that Thursday is usually a V day although I wasn't expecting it in reverse which is how it looks at present .
    The last 5 Wednesdays have been wide ranging down days and Thursday often a lower low but a v recovery . Not always but often .

    Today feels like crap so twice in this sort of day we've seen a fake break after lunch . The first time was up then it got slaughtered down into the close . The 2nd was a fake break down then reversal up to a higher close .

    Today should be a higher close than the open so am expecting a fake break down after lunch but all based on prev days and it is NOT DEFFINITE and it maynot work .

    cheers ge
    ps; if i can see it or feel it happening I'll yell out but note I find it impossible to trade when it happens as it defies normal ma/ rsior mechanical logic .
 
watchlist Created with Sketch. Add XJO (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.