the true size of africa - wednesday, page-3

Good morning.....

Thanks again Jacko for the interesting opener.....

My XJO and CBA call for a BLOWOFF TOP for yesterday, obviously was a DUD........

Instead, we had a healthy consolidation finishing back at R2 on the Monthlies @ 5415......

R3 5,613.67
midpoint 5,514.17....target
R2 5,414.67....we are here
midpoint 5,365.50
R1 5,316.33
midpoint 5,266.00
PP 5,215.67
midpoint 5,166.50
S1 5,117.33
midpoint 5,067.00
S2 5,016.67

The targets for the XJO over 5500 and CBA over 80 are still valid in the near term.....

The 3 week correction into the 19th November is also still valid......

The SPX finished @ 1771 on the 29th.......interesting.....