XJO 0.34% 7,796.0 s&p/asx 200

troublesome thursday?

  1. 1,381 Posts.
    Lots of bad news looking to come out on the DOW tonight.

    Technical patterns in the DOW supposedly calling out a ?three peaks and a domed house? (http://thepatternsite.com/3peaksdome.html) pattern coming into play either now or in one months time - though I cant see it too clearly. Supposed target is under 10k for this pattern.

    If it starts to play out I imagine the XJO will follow, potentially crashing through 4500, and possibly into the high 3k range.

    But for troublesome thursday - it sounds like XJO may just hold a touch above the 4500 mark assuming we drop around 1%.
 
watchlist Created with Sketch. Add XJO (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.