XJO 0.01% 8,142.1 s&p/asx 200

Although I'm bearish with the divergence this might fit the POMO...

  1. 3,395 Posts.
    Although I'm bearish with the divergence this might fit the POMO and might suit the bulls. These last 4 time cycles have been buys (or very close to on the first occurance) so will it repeat or surprise?

    Few options, USA get a minor pullback into it forming a higher low, or a bounce off the breakout line? Or they keep rising into it, completing the smaller range making it a sell this time? A bounce from b/o line might produce a lower high as Laundry predicts too?

    As it's only a couple of days off the QE2 and election date around the start of next month might be a good time for a decisive action?



 
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