XJO 0.42% 7,718.2 s&p/asx 200

Evening folks. Just looking at the XJO charts in prep for next...

  1. 1,862 Posts.

    Evening folks.

    Just looking at the XJO charts in prep for next week. Am I the only one noticing the potential for a head n shoulders if we rally up strongly this week based on the monthly chart? I'm not sure that's likely anyway, but I noticed it.

    I've marked 5706 to the upside and 5580 to the downside as significant areas on the 10 min Monthly line chart.
    5700 seems to be a significant resistance line formed recently. 5580 on the downside could see another run down.
 
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