XJO 0.67% 8,150.0 s&p/asx 200

Does anyone else reckon the XJO (incl other major global...

  1. 601 Posts.
    lightbulb Created with Sketch. 28
    Does anyone else reckon the XJO (incl other major global indices) is about to board the mother of all rocket ships shortly? I think the recent PB might be in and Im seeing very bullish weekly and monthly momentum on global indices and stocks. XJO, in particular, should continue to play catch-up to other global indices and do better than most - imo - over the next several weeks to several months. And I dont think we'll have to wait too long for a BO w/conviction above the 5800 S/R area, perhaps before the end of the month. If not - then before Q1 ends.

    This is a newish lean for me, as until recently, I had been a lot more bearish than bullish since way back in mid-2015. That is I had been mainly bearish - but the charts make me think those days are over for a while. Just my thoughts. DYOR..
 
watchlist Created with Sketch. Add XJO (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.