XJO 0.89% 8,374.0 s&p/asx 200

thursday sell the bounce or buy for a rebound?, page-2

  1. 11,090 Posts.
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    I'm selling the rallies or I should say accumulating short positions were applicable.

    Retraced 61.8% of hourly range, the blue support line seems to be a fairly significant level at 1217 which is also the floor pivot. Momentum to get above 5 and looking for the hrly slow stoch to overstretch itself above 80 and will add to shorts around here.



 
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