XJO 0.43% 8,223.0 s&p/asx 200

w000t wednesday, page-51

  1. 6,757 Posts.
    Hi Danube. I went back to 1929 chart for a look this morning. Bounce off the bottom was very similar, two big white candles then a doji at similar resistance level. Then it continued going up for a bit. I'm looking for something like an inverse H&S with this pattern - agree you need to pull back a bit and reconsider the depths, but preferably decide on a higher low than a double bottom.
 
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