Morn all , Ok it's late in the day I know but been wondering if this can happen ;
preferred scenario ; a breakdown on the monthly xjo xao which will be the 3rd month down then we close the month green .
likely scenario ; still a chance of us going down to last years lows then wipeout .
positive scenario ; wipe out last years lows and break yearly bar then do a major ramp up to a new multi year high but close with a doji by Christmas .
it all looks ugly to me and i reckon they wanna wipeout last months lows atleast but a double bottom is a double bottom which is a double bottom .lol
ge
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