can't see dow doing much if UK hits the skids, at least not til after uk cash close. And tho I've been sleeping, I still don't like the look of the xjo rally on the chart. The green is heavily interspersed with counter trend selling so its obvious there was a lot of selling into the rally, and the blowoff was feeble as well. By that i mean, a really bullish intraday move would have ignited a more serious rally into the close than what we got. It basically looks to me to be a bear rally, that is, corrective in quality. Whether the smart money was buying or selling.. they usually go opposite to the crowd.
But I actually just trade price mostly.. if dow looks like rallying tonight, I'll go long. No position atm.
- Forums
- ASX - By Stock
- wednesday compline
can't see dow doing much if UK hits the skids, at least not til...
-
- There are more pages in this discussion • 109 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add XJO (ASX) to my watchlist
|
|||||
Last
7,971.6 |
Change
-64.900(0.81%) |
Mkt cap ! n/a |
Open | High | Low |
8,036.5 | 8,036.5 | 7,923.6 |
Featured News
XJO (ASX) Chart |