XJO 0.43% 8,230.6 s&p/asx 200

What a boring day.Upmoves usually have a several day charge then...

  1. 17,444 Posts.
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    What a boring day.

    Upmoves usually have a several day charge then what looks like a top only to move up again and take out the shorts.

    Add to that that we usually ignore the first down day in the US, I am a bit surprised we haven't moved higher after a down start.

    I do think we may stay in no man's land for quite a while.

    My cycles suggest a Dec rally and then down but others I respect see a sharp low first.

    I suspect the play is take the short term stuff and forget trends till Feb/March.

 
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