Well that was an extremely profitable night starting with the DAX ...my call from yesterday seemed to hold regarding a big move ... Time for bed but before I hit the sack here is a chart of where I reckon we could be heading. It is a three day chart showing the swings on the DJI (sorry Raks but it is a continuation of my previous post regarding the XJO yesterday). I show the swings from March 2009, and the quartiles of the major move in 2008/09. As you can see from the chart I reckon that we could be heading for 11,300 by 19 November (my next pivot). And managed to fix my image through .xms - much happier with the quality.
wednesday
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Last
7,767.5 |
Change
7.900(0.10%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 7,759.6 | 7,819.0 | 7,754.9 |
| XJO (ASX) Chart |