XJO 1.36% 7,838.8 s&p/asx 200

thursday, page-44

  1. 17,444 Posts.
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    The SPX rallied to 0.618 so if we caught up then SPI 4724.

    However the more important number is probably 4713 which is to fill the downside gap.

    If we get a runaway market with gaps everywhere then prepare for a mini disaster IMO.

    If instead we can make it more orderly then I think the weight is in favour of the bull camp.

    Bullish percent on SPX was up again but summation was down again etc, so one day does not make a bull market.
 
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