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0.81% 7,971.6 s&p/asx 200

wayward1's 17 screen ta setup for xjo tuesday, page-15

  1. Funkymonk63
    4,627 Posts.
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    06/03/12
    06:59
    Post #: 9797545
    Looks like another low volume test/shakeout back down to that support at 12880 on the Dow, bears had every chance to sell this down last night and it still hasn't happened. Still no supply present, from what i can see. Looks to be consolidating and absorption supply occuring below 13000 for a decisive move UP imo. Good luck going short.

    Cheers
    XJO Value at posting: 136.50
    Likes Created with Sketch. 26  Upvote
    lightbulb Created with Sketch.  Great analysis
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