XJO 0.10% 8,212.2 s&p/asx 200

thursday trading, page-4

  1. 375 Posts.
    My post from this morning on the Wednesday threat:

    "There was a little double bottom with bullish div on the hourly chart which there is a high probablity to play out first.

    However, the double top yesterday had a bearish divergence and that was on the bigger timeframe, hence overriding.

    So, my gameplan is to let it finish it's double bott play with target at 4310ish or re-testing the uptrending support line and then look for a technical short entry."

    We are now testing the uptrending support line, if it stays below I will look for a reversal pattern short entry
 
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