XJO 0.87% 8,283.2 s&p/asx 200

Hi gang, oh, feel the chance of a wee little bounce approaching...

  1. 22,593 Posts.
    Hi gang,

    oh, feel the chance of a wee little bounce approaching

    why..


    XNV found a little hesitation going higher today, a narrow little bar, lighter volume, no selling or buying pressure atm... has hit an area of previous support, also its running partner the XJO, has retraced a nice 33.3%, so the XNV may retrace a tad, but thats okay, it may just backtest its breakout of yesterday

    Red, no I dont think you can trade the XNV, but here in the wonderful world of the XJO thread, we've been granted special permission :)




    Also, another wee reason for a potential rise in the market, just looking at our old mate AAPL.. Its been belted of late and as noted the other day, its now sitting close to previous good support, and towards the end of last week it was approaching that support on big volumes, but the two opening days of this week are now quite happy atm to appear like they are possibly testing that supply, and also respecting that old support, third time lucky hey

    LT bearish though



    Hows that Disco ?
 
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