re: watch out futures off 27 points I haven't got my xao charts open but did a rough calc the other day , so check for yourselves .
I think the 2004 year finished on or near its high but the 2005 bar retraced around 4.? % to its yearly low .
Am not sure if that is what is happening hear but worth doing the calc for yourselves .
ie; if it makes it below a prev % decline then the trend up must be considered at risk .
ge
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