XJO 0.22% 7,997.7 s&p/asx 200

wednesday afterglow, page-69

  1. 2,473 Posts.
    yeah dude!!

    look, lets be honest and shoot straight here.

    there is not one single indicator that suggests the market should continue to climb on a technical analysis basis except for the direction of the trend. every other indicator suggests we are way too high, testing upper resistance. and some other fundamentals like pe's are suggesting a pullback.

    on other fundamentals the reasons are getting thin as well. the market is moving up on excitement and confidence.

    anyone who's been around a while knows this can all change in one trading session.

    in the mean time - the trend is your friend!
 
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