I think a lot will depend on the election results. The market...

I think a lot will depend on the election results. The market does not like uncertainty. On ABC this morning Marcus Padley said something along of the lines if Gillard gets in we are likely to take a pounding.

From my point of view XJO has failed at the 50% fib level of the last run so I'm not feeling too confident it will go up no matter who wins the election.

Sorry I can't post a chart but you should be able to see it
in the link below

http://screencast.com/t/