XJO 0.86% 7,829.7 s&p/asx 200

tuesday trading, page-43

  1. 17,444 Posts.
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    Now 10th Oct was a great date and the price was wonderful on my important supports and RSI etc are a major lows etc etc.

    So the "norm" is for 2 or 3 days up and probably a day or 2 down and then a higher rally point even if the LOW isn't in.

    Except there are always other possibilities and catching knives is dangerous.

    Here is SPI '87.

    Crash day followed by 2 days up, the second of which finished weak and then new lows.

    Unlikely here, but those with bravado are better than me Gunga Din.

 
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