XJO 0.00% 7,769.4 s&p/asx 200

Looking at XJO daily,weekly and monthy charts.Daily looks like a...

  1. 616 Posts.
    Looking at XJO daily,weekly and monthy charts.

    Daily looks like a very strong recovery,could be a lower high or heading for a double top i suspect.

    Weekly still not an entry and if it does not confirm a long by friday it will confirm a start of a downtrend.

    The monthly chart is the most interesting,if say by the end of sept. the XJO does not close above 6000 it will be a confirmation of a down trend which has not been broken since april 2003.

    Time will tell and i am watching like a hawk.Also getting geared up to go either way but more inclined to be short,hopefully my insctint will be right.

    Volt nice to hear from u.
 
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