hey robbbbbbbbbbbbbbbbbbbbbbbb, if the turn is for Monday, then what are your thoughts on setting up some positions tomorrow ?I was hoping CBA would go down to touch the trendline from 1995, however if it was to do that then the XAO is heading for a lower level than the 28th Oct, which is possible, whilst still allowing the DOW some wiggle room to not go below its recent lows. FTSE still has to catch up with last nights DOW drop and it also has some wiggle room to stay above its lows.
With CBA we may have to be content with the .382 ext from the July '08 high, which we reached today.
Of course anything is possible there's still 2 hours of trading left today .lol
i'll have to do some work on the 24th, but tnxs for mentioning it.
wednesday wranglers, page-120
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