XJO 0.28% 8,114.7 s&p/asx 200

madame 9lives, Now that the H&S (from Jan '06 ) is fully...

  1. 3,727 Posts.
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    madame 9lives, Now that the H&S (from Jan '06 ) is fully developed, the target is around 7300. I can see your flag pattern, however if we go below the Oct '02 lows, then that opens up a whole new picture of much lower than your 6500.
    I had expected today/Weds to be a low, but as it has rallied, it appears that tomorrow could be a turn date and we start heading back down.
    As to an ultimate low date, the 11th Nov is as good as any for me, being 21 years from the 1987 low
 
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